Las Vegas-based Meadows Bank on Wednesday announced it posted net income after tax of about $3.5 million in the first half of 2015 — 51 percent higher than its earnings during the same period in 2014.
As of June 30, the bank’s loan portfolio of $418 million was up by $40 million from last year while total deposits grew by $15 million from the year and stood at $484.4 million.
Meadows Bank operates four branches in Nevada, including Reno and five SBA loan production offices in neighboring states.
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