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Lincoln Bancorp Profits Rise 15% for 1st Quarter

Lincoln Bancorp, the Encino parent of Lincoln National Bank, said that its profits for the first quarter ended March 31 jumped 15% to $1.62 million from $1.41 million a year earlier. The bank said its assets as of March 31 soared 27% to $498 million from $394 million a year before.

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