Bank of Southern California, a three-branch bank...

Bank of Southern California, a three-branch bank headquartered in San Diego, said profits for the first six months of 1988 were $301,000, up 48% from the $203,000 reported for the like period last year.

As of June 30, the bank’s assets stood at $78.7 million, up 32% from the $59.6 million last year. Deposits were $72.6 million, up 29% from $56.1 million a year ago, and total loans were $60.7 million, up 32% from $46 million a year ago.