Western Security Profit Down From a Year Ago
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Western Security Bancorp in Burbank said its second-quarter profit fell 14% from a year earlier, to $307,278 from $356,100.
The company, whose Western Security Bank unit focuses on local businesses, said its earnings for the first half of 1990 rose 5%, to $638,800 from $606,000 a year earlier. Western Security’s assets as of June 30 totaled $82.9 million, up 27% from $65.3 million a year ago.
