Pioneer Bancorp: The holding company for Pioneer...
Pioneer Bancorp: The holding company for Pioneer Bank in Fullerton incurred a second-quarter net loss of $2.2 million, contrasted with a $311,000 profit for the 1992 second quarter. For the first half, the company lost $2.5 million, contrasted with a profit of $694,000 a year earlier. Total assets declined 16%, to $179.8 million from $215.1 million. The company said the 1993 quarterly loss was largely attributable to the combined effects of $3.3 million in provisions for possible loan and other real estate-owned losses.
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