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Valencia National Bank Posts 301% Gain in Income

VALLEY EARNINGS

October 17, 1989

Valencia National Bank reported that its net income increased 301% for the third quarter that ended Sept. 30 to $125,044 from $31,207 a year earlier. The Valencia-based bank said its assets increased 38% to $45 million as of Sept. 30 from $32.5 million the year before.

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