Pacific Inland Bancorp, the holding company for...

Pacific Inland Bancorp, the holding company for Pacific Inland Bank in Anaheim, reported not income of $232,152 for the third quarter, contrasted with a net loss of $119,905 for the third quarter last year. Quarterly revenue rose 30% to $3.25 million from $2.5 million for that period last year. For the first 9 months, the company lost $1.2 million, nearly eight times the $161,939 lost in the same period last year. Total revenue for the period grew 14% to $8.8 million from $7.7 million last year. The nine-month loss was attributed to the $.3 million the bank set side in the second quarter for possible loan losses. The company’s total assets rose 21% to $899.3 million at the end of September from $73.9 million a year earlier. Total deposits grew 22% to $77.1 million at the end of the period from $63 million a year earlier, and total loans increased 34% to $63.4 million from $47.3 million last year. Besides the bank, the company also owns Trident Investment Management Inc,. an asset manager, and an inactive small venture capital subsidiary.