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Heritage Financial Services Inc. reported third-quarter net income rose 9 percent, to $1.88 million, or 47 cents a share, from $1.73 million, or 43 cents a year earlier.
Richard T. Wojcik, chairman and chief executive, said higher earnings resulted mostly from increases in net interest income, reflecting the continued growth of the company`s loan portfolio, which was up $40 million, or 11 percent, from a year earlier.
Heritage is a multibank holding company with assets of $622 million. It has offices in Blue Island, Crestwood, Oak Lawn, Orland Park, Palos Heights and Mokena and two in Tinley Park.
