Herald National Bank has turned a profit less than two years after being started at the height of the financial crisis.

The $439.2 million-asset New York company earned $321,000, or 3 cents a share, compared with a net loss of $3.9 million, or 32 cents a share, in the second quarter.

Its net interest income was flat from a quarter earlier, at $4.5 million, and the net interest margin was unchanged from the second quarter, at 4.1%.

Total nonperforming assets declined 77.2% from the previous quarter, to $500,000, or 0.14% of total loans.

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