Meadows Bank posts profit

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Meadows Bank, which opened a branch in Reno last fall, reported after-tax income of $2.8 million in 2012, which compares with $2.5 million a year earlier.

The company, which is headquartered in Las Vegas and also has branches in Pahrump and Henderson, said its loan portfolio stood at $240.5 million on Dec. 31, up by $59.8 million during 2012.

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