Pacific Inland Reports Net Lossof $65,000

Pacific Inland Bancorp, the Anaheim holding company for Pacific Inland Bank and two other companies, posted a $65,025 net loss in the first quarter, compared with a net income of $102,782 in last year’s first quarter.

At the close of the quarter, the holding company’s total assets were $73.9 million, a 30.6% increase over the $56.6 million in assets a year earlier. Total deposits in the bank subsidiary at the end of the quarter rose 35.1% to $61.2 million from $45.3 million a year earlier, while total loans grew 44.5% to $52.3 million from $36.2 million.