Marine National Bank in Santa Ana posted...
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Marine National Bank in Santa Ana posted net income of $63,000 during the first quarter, a 21% increase over the $52,000 earned in last year’s first quarter. Total quarterly income rose 8% to $1.4 million this year from $1.3 million last year. Marine National’s assets were $60.4 million at the end of March, a 10% increase over the $55 million in assets a year earlier. Total deposits rose 11% to $54.9 million at the end of the quarter, from $49.5 million a year earlier, while total loans fell slightly to $39.6 million this year, from $40 million last year.
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