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Pioneer Bank: The holding company for Fullerton-based...

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Pioneer Bank: The holding company for Fullerton-based Pioneer Bank posted net income of $673,000 for the third quarter, a 3% increase from the $651,000 reported for the like period in 1988. Revenue rose 26%, to $4.4 million from $3.5 million. For the first nine months of the year, the company reported net income of $2.1 million, 40% higher than the $1.5 million for the first three quarters last year. Revenue increased 35%, to $12.8 million from $9.5 million. Assets rose 21%, to $151.3 million from $125.2 million.

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