Woodland Hills-based WCB Holdings and Western Commercial Bank reported its second consecutive profitable quarter in announcing its Q1 2008 financial results. Heading into its third year of operation, the bank showed a profit of $25,000 as compared to last year’s loss of $380,000 for the same quarter. Its consolidated total assets were $104.3 million, an increase of $51.2 million over the first quarter of 2007. The feat is particularly impressive given that WCB, while a general business bank, ” probably put our flag in the ground more prominently as a real estate lending bank,” President and CEO Carl Raggio told the Business Journal in a 2007 interview. The bank’s real estate lending focuses on commercial real estate and has not offered any sub-prime products.