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Bankers Trust reports record third-quarter earnings

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Bankers Trust Co. reported earnings of $13.2 million million for the quarter ended Sept. 30, the highest third-quarter earnings in the bank’s 100-year history, according to a release. Through nine months, Bankers Trust had earnings of $35.8 million, a 24.2 percent increase from the year-ago period. Bankers Trust took a step closer to its target of having $5 billion in total assets by 2020, with assets at the end of the quarter of $4.3 billion, making the bank one of the top 250 in the country by asset size. Bankers Trust reported $3.5 billion in loans at the end of the quarter, up $211 million or 6.3 percent from the end of 2016. Deposits grew to $3.3 billion at the end of the quarter, up $218 million or 7.1 percent over nine months, during which a record number of savings and checking accounts were opened.