Pioneer Bancorp: The Fullerton holding company for...

Pioneer Bancorp: The Fullerton holding company for Pioneer Bank posted net income of $2.8 million for 1989, up 34% from $2.1 million for the previous year. Revenue increased 33%, to $17.6 million from $13.2 million. For the fourth quarter, net earnings rose 27%, to $711,000 from $560,000 for the quarter in 1988. Revenue was $4.8 million, 31% over the $3.7 million recorded for the quarter in 1988. Total assets rose 17%, to $151.3 million from $129.1 million.