First Citizens Bank Says 3rd-Quarter Profit Flat
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First Citizens Bank in Sherman Oaks reported that its net income for the third quarter that ended Sept. 30 fell less than 1% to $94,105 from $94,852 last year. For the first nine months of 1990, First Citizens’ profit fell 37% to $237,600 from $379,471 in the same period a year before, when the bank enjoyed a tax benefit.
First Citizens said it had assets of $35.9 million on Sept. 30, a 17% increase from $30.6 million last year.
