Peninsula Bank of San Diego reported a...

Peninsula Bank of San Diego reported a second-quarter profit of $372,391, a 6.3% increase over the corresponding three months a year ago. Assets increased 17.5% over last year, to $154.9 million, the bank said. Deposits were up 17.8%, to $144.2 million, and loans were up 7.6%, to $92.5 million.

For the six months ended June 30, Peninsula’s net income stands at $753,837, an 8.7% increase over the same two quarters last year. On June 28, the three-branch bank’s board of directors declared a 5% stock dividend payable July 29 to shareholders of record on July 9.