NAPA -- Bank of Napa, N.A. announced increased assets and earnings in the first quarter of 2014, excluding the effect of a one-time income tax benefit reported in 2013.

The bank had $456,000 in pre-tax income for the three-month period ended March 31, up 18.8 percent from the same period last year. Total loans have increased 5.59 percent year-over-year, to $99.23 million. Deposits increased 13 percent, to $143,388.

The bank had $166 million in assets as of March 31, up from $148,302.

Bank of Napa highlighted its pre-tax earnings as an evaluative measure that excluded the effect of last year's tax benefit. Post-tax income was $275,000 for the quarter, compared to post-tax income of $424,000 in the first quarter of 2013.