Orange National Bancorp: The parent company of...

Orange National Bancorp: The parent company of Orange National Bank posted net income of $219,557, or 54 cents per share annualized, for the second quarter, contrasted with a year-earlier loss of $28,604, or 7 cents per share. For the first half, net income rose to $1.1 million, or $1.36 per share annualized, from $218,000, or 44 cents per share. Total assets at the end of June were $163.3 million, down 3% from the $168.5 million recorded for the corresponding period last year.