Los Alamos National Bank Restates Earnings; Profits Drop $1.7M

The parent company of Los Alamos National Bank, Trinity Capital Corp., just put out a

press release

restating its fourth-quarter and annual 2009 earnings. The upshot for shareholders is that the bank's net income declined by $1.7 million to approximately $3.2 million, comparing its

previously stated financials

to the

amended ones

.

Last month, SFR

interviewed

LANB Chairman and CEO Bill Enloe about the bank's health and its dealings with regulators.