American Commerce National Bank in Anaheim posted...

American Commerce National Bank in Anaheim posted record net income of $349,000 for the second quarter, a 28% increase over net income of $272,000 in last year’s second quarter. Quarterly revenue rose 26% to $2.4 million from $1.9 million last year. For the first six months, the bank reported record net income of $742,000, a 45% increase over net income of $513,000 for the same period last year. The bank’s assets grew 13% to $83.4 million at the end of June from $73.7 million a year earlier. Total deposits rose 12% to $76.1 million at the end of the period from $68.1 million a year earlier, while the bank’s loan portfolio grew 26% to $66.1 million from $52.4 million.