First Independent reports jump in 1Q earnings

First Independent Bank of Nevada, the parent company of Reno-based First Independent Bank, earned $944,848 before taxes in the first quarter.

That's a 76 percent increase over year-earlier figures.

Assets on March 31 stood at $218.5 million, up 19 percent from the $183.5 a year earlier.

The five-year-old company this summer will move to a new headquarters building at 5335 Kietzke Lane.

It also operates a Sparks branch at Prater Way and Sparks Boulevard.