TransWorld Bancorp’s Profit Rises 3% in Quarter
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TransWorld Bancorp, the Sherman Oaks-based holding company for TransWorld Bank, said its fourth-quarter profit edged up 3% from a year earlier, to $570,000 from $551,000.
For all of 1990, TransWorld’s net income climbed 13%, to $2.41 million from $2.13 million the previous year.
The bank, which has nine offices, reported assets of $223.7 million as of Dec. 31, up 5% from $213.8 million a year earlier.
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