St. Louis-based Magna Group Inc. netted $9.1 million, or 37 cents a share, in the second quarter, a 29% increase from the year-earlier period.

The bank said nonperforming assets declined 44% from a year ago to $35.2 million. Return on assets at the company, which has $3.6 billion of assets, was 1.02%, compared with 0.76% for the second quarter of 1992.

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