Vibra Bank in Chula Vista, Calif., on Tuesday reported a fourth-quarter profit of $51,000 as it reached its second year in business.

The $74 million-asset bank had a loss of $184,000 a year earlier. Scott Parker, Vibra's chief executive, said in a press release that Vibra grew almost 50% in 2010 and has no nonperforming loans or other real estate owned. Vibra's Tier 1 capital ratio was 21% at Dec. 31.

For 2010, Vibra had a loss of $543,000, compared with a $1.5 million loss in 2009.

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