Pacific Inland Bancorp: The Anaheim-based parent company...
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Pacific Inland Bancorp: The Anaheim-based parent company of Pacific Inland Bank posted net income of $71,200 for the second quarter, which included a gain of $24,103 from a net operating loss that was carried forward. For the 1989 second quarter, net income totaled $184,143, including a net operating loss of $78,700 that was carried forward. For the first six months of 1990, the company reported net income of $129,055, compared to net income of $424,483 for the 1989 first half. The net operating losses that were carried forward were $47,903 for the 1990 period and $186,200 for 1989. Total assets at the end of June stood at $97.1 million, 16% higher than the $83.7 million recorded for the period last year.
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