Thursday, April 25, 2002 | 11:13 a.m.
Las Vegas-based Community Bank of Nevada reported first quarter net income of $1 million, or $1.10 per share. That was nearly a 25 percent improvement from the $808,861, or 88 cents per share, the bank earned in the year-ago quarter.
Community Bank's loans and other assets also grew from $282 million on March 31, 2001, to $324 million at the end of this year's first quarter. Deposits increased from $260 million to $299 million during the same period.
Community Bank was founded in 1995. It has four locations in Southern Nevada.
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