Net rises for Great Basin

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Great Basin Financial Corp., the Elkobased company that owns Great Basin Bank of Nevada, earned $779,072, or $1.36 a share, during 2002.

President and CEO Terry R.

Sullivan said the earnings were up 61 percent from year-earlier figures, and the annualized return on average equity was 12.7 percent.

Along with its headquarters bank at Elko, the company operates a branch at Winnemucca and operates a network of nine automated teller machines.