Meadows Bank, with a branch in Reno, posted a net income after taxes of $1,612,000 in the first quarter of 2015, a 28 percent increase in earnings from the same period in 2014. As of March 31, the bank’s loan portfolio was $394.5 million, a 17.2 percent increase from December 31. Total deposits grew by $28.7 million from the prior quarter and stood at $402.4 million.
