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Thursday, Mar 28, 2024

Bank of Santa Clarita Sees Assets Grow 50 Percent

Bank of Santa Clarita said today that its assets have grown 50 percent to $93.6 million in the second quarter ended June 30, versus $62.6 million at Dec. 31, 2005. The bank generated $10.7 million in net new loans, an 18 percent increase over the first quarter of 2006. For the second quarter, Bank of Santa Clarita lost $104,000 versus a net loss of $458,000 for the second quarter of 2005.

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