2012 profit rises 22% for Folsom Lake Bank

02/06/2013 12:00 AM

02/05/2013 10:56 PM

Folsom Lake Bank, which has branches in Folsom and Roseville, reported net income of $603,002 for 2012, up more than 22 percent from 2011.

The bank also recorded its 12th consecutive profitable quarter as of Dec. 31, with net income of of $212,213.

Total assets as of Dec. 31 were $130.9 million, up from $116.5 million in 2011.

The bank said it saw gains in both loans and deposits last year.

– Mark Glover

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