Pacific Western Bank Income Rises 30%

Pacific Western National Bank, a community bank based in Brea, reported that fourth quarter net income rose 30% to $670,000, or 76 cents a share, from $516,000, or 59 cents a share, a year earlier. Profit for the year increased 31% to $2.1 million, or $2.42 a share, from $1.6 million, or $1.84 a share, for the previous year.

Total assets grew 22% to $190.2 million.