First quarter earnings dip slightly

Henderson-based Valley Bank reported first quarter net income of $208,000, slightly less than the $210,000 the bank reported for the same period last year.

The bank's loans and other assets climbed to $118.7 million from $88.7 million one year ago, said Barry Hulin, president and chief executive officer.

Valley Bank has branches in Henderson and Pahrump. It is scheduled to open a third branch at 3500 W. Sahara Ave. later this year.

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