Northern Nevada Bank says its earnings rise

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Northern Nevada Bank earned $1.7 million in the first nine months of the year, up 25 percent from the same period a year ago.

The Reno-based company said last week its total loans grew 40 percent to $117.8 million at Sept.

30.

That's a 33 percent increase from year-earlier figures.

Total assets grew by 24 percent during the 12-month period and stood at $137.8 million on Sept.

30.

The bank, which this month marks its fifth anniversary, said it plans to begin construction in 2006 on a branch at Spanish Springs.

It currently operates offices in Reno and Carson City.

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