Buoyed by strong loan growth, North Jersey Community Bank earned a record $1.5 million in the first quarter, up nearly 175% from the same period last year.

The six-year-old, privately held bank said Monday that total loans increased 29% year-over-year, to $525 million, and that assets rose 21%, to $631 million. Book value per-share increased 15.8%, to $15.76, also an all-time high.

North Jersey has seven branches in Bergen and Hudson counties.

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