BNB Bancorp Reports 1st-Quarter Turnaround
BNB Bancorp, the holding company for the single-office Burbank National Bank, reported a first-quarter profit of $15,113, compared with a year-earlier loss of $31,182.
BNB also said its assets as of March 31 totaled $14.4 million, up 21% from $11.9 million a year ago. The company’s deposits rose 17% to $13 million from $11.1 million.
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