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twitterProfit improves for LV bank
Friday, April 28, 2000 | 10:50 a.m.
Community Bank of Nevada reported first quarter net income of $743,000 or 81 cents a share, up from $492,000 or 56 cents a share a year ago.
The bank also reported total assets of $202 million, an increase of 42 percent from the year ago period.
Chief Executive Officer Edward M. Jamison said loan activity was up 44 percent last year, while deposits grew 39 percent.
Community Bank operates three Southern Nevada branches and plans to open a fourth office in Green Valley this fall.
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