PNB Financial Group: The Newport Beach holding...
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PNB Financial Group: The Newport Beach holding company for Pacific National Bank posted first quarter net income of $698,000, or 30 cents a share, up from the $218,000, or 10 cents a share, for the same period in 1995. the company said the increase was primarily due to the increase of mortgage loan lending activity. Total assets increased 20% to $179 million from $149.1 million.
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