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HarborOne Bancorp, Inc. reported a solid quarter of growth in loans, deposits, and margin, with a continued focus on strong credit quality. Net income for the second quarter of 2022 was $10.0 million, or $0.21 per basic and diluted share.
Return on average assets was 0.87%, and return on average equity was 6.22%.
Loan growth of $174.6 million, or 4.7%.
Core deposit growth of $96.3 million, or 3.0%.
Net interest margin increased 27 basis points to 3.48%.
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