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Frontier Financial announced record second quarter earnings of $10.1 million, or $.55 per diluted share for the three months ended June 30. This compares to earnings of $9.1 million for the second quarter for 2002, or $.47 per diluted share and represents a 17 percent increase in diluted earnings per share and a 11.9 percent increase in net income over second quarter of 2002. This is a milestone for Frontier as new income reached $10 million for the first time in a quarter. |