Sabadell United Bank, based in Miami, reported $5.8 million in fourth quarter net income and $30 million for the full year, up 50 percent from $20 million reported for 2011.
Sabadell United’s loan portfolio grew 14 percent during the year to $2.2 billion at the end of 2012. Its deposits also rose 14 percent, to $3.2 billion.
The bank, which has 23 branches, had $3.7 billion in assets at Dec. 31, 2012 .
INA PAIVA CORDLE