Mariners Bancorp: The parent company of Mariners...

Mariners Bancorp: The parent company of Mariners Bank in San Clemente said profit for the second quarter declined 36% to $132,000 from $206,000 for the corresponding 1993 period. Revenue fell 21% to $1.9 million from $2.4 million. First-half profit was down 21% from the year-earlier figure, to $264,000 from $333,000. Revenue dropped 11%, to $4 million from $4.5 million. Total assets as of June 30 were down 3%, to $82.4 million. The company attributed the lower earnings to reduced mortgage loan activity after the first of the year and fewer loans outstanding.