Sun West Bank net increases

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Sun West Bank earned $945,000 in the quarter ended Sept.

30 compared with net income of $604,000 in the comparable period a year earlier.

For the first nine months of this year, the Las Vegas-based company said it earned $2.25 million.

Sun West operates a branch in Reno among its five offices statewide.

The company said its total assets on Sept.

30 stood at $215.5 million, an increase of 30 percent from year-earlier figures.

Total deposits stood at $199 million at the end of the quarter, an increase of 31 percent from the same date in 2002.

The company is privately held by 24 Nevada investors.

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