Orange National Reports Record Income
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ORANGE — Orange National Bancorp, the parent company of Orange National Bank, reported record third-quarter net income of $851,553, or 43 cents a share, 39% higher than the $611,000, or 31 cents a share, posted for the 1996 period. Year-to-date net income increased 53% to $2.3 million, or $1.17 a share, from $1.5 million, or 77 cents a share. Total assets rose 4% to $229.1 million from $220.5 million.
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