Peapack-Gladstone Financial Corp. in Gladstone, N.J., said Monday that its third-quarter net income increased 33% from a year earlier, to $3.5 million.

Its total loans grew 10%, or $93 million, and commercial loan growth was particularly strong, the $1.3 billion-asset company said. Its average commercial mortgage portfolio fattened by 35%, or $67.8 million.

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