NAPA -- Bank of Napa, N.A. (OTCBB: BNNP) earned a net income of $435,800 in the three months ending Sept. 30, a 75 percent increase over profits made during the same quarter in 2011.

The bank reported year-to-date net income of $1.4 million as of Sept. 30, an 86.9 percent increase compared to the first nine months of 2011.

Total assets reached $134.3 million as of Sept. 30, with $88.5 million in loans. Net assets increased $2.9 million compared to the third quarter last year, and loans increased $9.2 million.

Deposits as of Sept. 30 totaled $113.9 million, a year-over-year increase of $607,400. Equity capital was $19.8 million.

The bank reported a 1.37 percent return on average assets at the end of the third quarter, up from 0.71 percent at the same time last year. Return on average equity was 9.76 percent, up from 4.7 percent.

"Loan growth, credit quality and liquidity remain strong, and we are pleased with our performance ratios," said Tom LeMasters, president and CEO of the bank. "Our return on equity and return on asset ratios place us among the leaders relative to our peer banks."