HSBC Americas Inc., New York, the holding company for Marine Midland Bank, reported net income for the second quarter was $89.1 million, up 39.2% from the year-earlier period. Net income for the first half of 1996 was $175 million, up 26.9%.

HSBC Americas said the increase in earnings came from improved net interest income, growth in loans and deposits, and lower operating expenses.

For the first half of 1996, return on equity was 20.72%, up from 16.70% in the comparable first half of 1995.

As of June 30, HSBC Americas' assets were $22.7 billion, up 17.3% from June 30, 1995. This increase stemmed from growth in consumer and commercial loans, the purchases in the second quarter of Hang Seng Bank's two New York branches and 11 branches of New York-based Eastern Savings Bank.

HSBC Americas Inc. is an indirectly held subsidiary of HSBC Holdings, London.

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