Liberty National Bank in Huntington Beach posted...

Liberty National Bank in Huntington Beach posted record net income of $1.1 million last year, a 22% increase over $900,118 earned the previous year. Revenue grew 16% to $13.3 million last year from $11.5 million in 1987. For the fourth quarter, the bank earned $739,538, a 72% increase over $429,867 in the last quarter of 1987. Quarterly revenue rose 23% to $3.8 million last year from $3.1 million in 1987. The bank’s assets at the end of December were $115.6 million, a 13% increase over $102.7 million in assets a year earlier. Total deposits rose 18% to $105.2 million at the end of the year from $88.8 million a year earlier, while total loans grew 14% to $79.7 million from $69.8 million.