NORTON, Va. - Black Diamond Savings Bank said after-tax earnings rose 12% last year, to $824,802.

The thrift, with $96 million in assets and four offices, has been profitable for 44 consecutive quarters. American State Joins Home Loan Bank in Indiana

INDIANAPOLIS - American State Bank of Lawrenceburg, Ind., has joined the Federal Home Loan Bank of Indianapolis.

American is a wholly owned subsidiary of American State Corp., also based in Lawrenceburg.

The bank has $37.8 million of assets, of which it holds about 28% in residential mortgage loans and mortgage-backed securities.

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