Pacific National Bank: The Newport Beach bank,...
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Pacific National Bank: The Newport Beach bank, a wholly owned subsidiary of PNB Financial Group, said net income for the second quarter rose to a record $1.1 million, or 46 cents a share, from $532,000, or 24 cents a share, for the 1995 second quarter. First-half net income was $1.8 million, or 76 cents a share, compared with $750,000, or 34 cents a share, for the like period a year ago. Total assets increased 17% to $194.4 million from $166.6 million.
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