First California Bank reports income increase

First California Bank reported $1,208,413 in net income for the nine months ending Sept. 30, 2002, which was 31.2 percent higher than the net income generated for the same period in 2001.
The bank reported reaching a new milestone on Sept. 30 as its total assets of $201.9 million exceeded the $200 million threshold for the first time in its history.
First California Bank’s loans and deposits also exhibited strong growth.
The total gross loans outstanding grew 23.4 percent...

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