NAPA -- Bank of Napa, N.A. (OTCBB: BNNP) announced a 20.6 percent increase in pretax net income comparing the first six months of 2013 to the prior year, with record earnings in its 13th consecutive profitable quarter ended June 30.

The bank had net income of $994,000 for the first half of 2013, and $570,000 in the second quarter of the year. Quarterly earnings were up 17.3 percent versus the same three-month period in 2012.

"We are pleased with our financial results. Credit quality remains sound, our capital level remains high, and our earnings continue to grow. Additionally, our performance relative to similar community banks is outstanding."

The bank had $93.5 million in loans as of June 30, an increase of more than 17 percent compared to one year prior. Deposits increased 2.3 percent over the same period, now totaling $122.1 million.

The bank had total assets of $143.5 million, and $20.8 million in equity capital, at the end of the quarter. Earnings for the quarter were equivalent to 43 cents per diluted share. The banks return on average assets was 1.37 percent, while its return on average equity was 9.66 percent.

Bank of Napa will be hosting a seventh anniversary celebration for the public on the afternoon Aug. 9, 2013.