SunWest income up 35.98 percent
First quarter profits at Sun West Bank were $627,267, an increase of 35.8 percent over the quarter ending March.
Total assets for the quarter were $184 million, a 27.89 percent increase over the same period last year.
Net loans showed a 26.64 percent increase over first quarter 2002, while deposits were up 29.59 percent.
The Las Vegas-based company plans to open its Northern Nevada Regional Headquarters office at Kietzke and Del Monte Lanes in late spring.
“I point out many cases of where privately owned companies do just as bad a job as publicly owned companies,” says Reno resident and former teacher Robert (R.D.) Gardner.