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La Jolla Bancorp, parent company of La...

La Jolla Bancorp, parent company of La Jolla Bank and Trust Co., reported that net income rose by 47% to $541,000 for the second quarter ended June 30.

Deposits rose by 6.2% to $287 million and loans rose by 2.6% to $200 million. Assets rose by 6.3% to $315 million.

Net income rose by 29% to $1 million for the first half of the year.

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