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Mount Joy, Pa.-Based Financial Firm Posts Surge in Quarterly Net Profits.

Lancaster New Era (Lancaster, PA)

| April 12, 2002 | COPYRIGHT 2007 Lancaster New Era. (Hide copyright information)Copyright

Apr. 12--Union National Financial Corp. on Thursday reported a 65.6 percent surge in net profits for the first quarter ended March 31 and raised its dividend.

Union National, the Mount Joy-based owner of Union National Community Bank, had net profits of $717,000, up from $433,000 in the year-earlier period.

Lifting net profits were growth in net interest income and other operating income, and a decline in the provision for loan losses.

Union National had …

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