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LASALLE NATIONAL CORP.`S second-quarter profits increased 54 percent, to $5.5 million from $3.5 million, reflecting the acquisition in June of Lane Financial Inc. Excluding Lane`s earnings, LaSalle`s operating profits rose 21 percent, to $4.28 million.
Assets of LaSalle, a subsidiary of Algemene Bank Nederland, more than doubled, to $3.42 billion, on June 30 from a year earlier because of the Lane acquisition.
