Mr. Tjan continued, "As we stated earlier in the year, we are confident in our future and our ability to grow the franchise value by managing growth with profitability, which focuses on top line revenue, fee income generation, quality loan growth, expanding the mixture in non-interest bearing deposits and increasing core earnings."Total assets increased $33.8 million as of September 30, 2012, an increase of 11% as compared to the same period one year ago. Total loans increased $44.3 million as of September 30, 2012, an increase of 32% over the prior year. Cash and due from banks increased $11.9 million or 21% from the prior year. Total investment securities decreased $18.3 million or 19% from the prior year.
CommerceWest Bank Reports Double Digit Loan And Deposit Growth, Strong Earnings Growth Of 200% Year To Date
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