Midlantic Corp. reported Wednesday that it earned $7.8 million in the second quarter, its first quarterly profit in two years.

Meanwhile, BayBanks Inc. reported its second-quarter profit had increased nearly fivefold, to $6.5 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.