Access National Corporation (NASDAQ: ANCX), holding company for Access National Bank, reported third quarter net income of $2.4 million compared to $2.2 million recorded in the third quarter of 2009. This represents the company’s 41 st consecutive quarterly profit. Earnings per diluted share were $0.23 for the quarter ended September 30, 2010, compared to $0.21 per diluted share in the third quarter of 2009. Net income for the nine months ended September 30, 2010 totaled $5.3 million or $0.50 per diluted share, compared to net income of $7.6 million or $0.73 per diluted share for the first nine months of 2009. The decrease in earnings is primarily due to a 68.3% decrease in net income from mortgage banking activities that was partially offset by a 136.0% increase in net income from the banking segment. Loans held for investment totaled $478.3 million at September 30, 2010 compared to $486.6 million at December 31, 2009 as economic conditions continue to impact loan demand. The Bank was recognized as the #1 ranked small business lender by dollar volume among all banks in the Washington Metropolitan Area District, according to the United States Small Business Administration (SBA) for the government fiscal year ended Sept. 30, 2010. In 2009, the bank was the #1 SBA lender among community banks in the district, which includes Northern Virginia and suburban Maryland. The outlook for SBA Loans got brighter when the Small Business Jobs Act was signed into law September 27, 2010. Among other things, the Act provides for larger SBA loans of up to $5 million from $2 million and relaxed the definition of small business to include the lower middle market business segment that is so dominant in the bank’s market area. Investment securities have increased $104.9 million subsequent to December 31, 2009 as a result of deposit growth and low loan demand. All of the securities purchased this year were government agencies.