TransWorld Bancorp’s Profit Doubles From Year Earlier
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TransWorld Bancorp, the Sherman Oaks holding company for TransWorld Bank, said its first-quarter profit nearly doubled from a year earlier, to $497,000 from $252,000.
The company said its assets as of March 31 totaled $197.9 million, up 16% from $170.2 million a year earlier. TransWorld’s deposits rose 17% to $179.8 million from $153.1 million.
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