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StumbleBank operator’s earnings increase
Friday, Jan. 25, 2002 | 11:02 a.m.
The parent company of Nevada State Bank reported higher earnings Thursday.
Zions Bancorporation said its fourth-quarter net income rose 9 percent as the Salt Lake City-based company experienced growth in loans and deposits.
The company's fourth quarter net income rose to $71.9 million, or 78 cents per share vs. $66 million or 75 cents in the year-ago period.
Zions employs about 800 people in 61 branches at its Nevada State Bank subsidiary. In June, Nevada State Bank reported deposits of more than $2 billion, making it the third-largest bank in Nevada.
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