Ohana Pacific Bank’s loans jumped about 10 percent in the fourth quarter, but net income declined slightly due to a tax reversal from the year-earlier period.

The Honolulu-based bank, which opened in June 2006, said Friday that loans rose to $104 million from $94.4 million on the strength of its commercial, real estate and residential loans and home equity lines of credit.

Ohana, which operates two branches, said its earnings, though, fell 4.4 percent to $263,000 from $275,000 in the year-earlier quarter, when it had a $132,000 tax credit. Last quarter the bank had a $272,000 tax expense.

“We have achieved strong growth in loans, deposits and total assets as well as core earnings,” Ohana President and CEO James Hong said in a statement. “Our excellent performance was achieved with strong loan growth by actively participating government guaranteed business loans, more efficient core system and our employees’ dedication.”

Ohana has now achieved 25 profitable quarters in a row after five years of losses.

The bank’s deposits last quarter rose 9.1 percent to $113.7 million from $104.2 million in the year-earlier period while assets increased 8.3 percent to $130.5 million from $120.5 million.

For the year, Ohana’s net income fell 38 percent to $693,000 from $1.1 million in 2015, when it had a $432,000 tax credit. In 2016 the bank had a $558,000 tax expense.

Last quarter the bank’s net interest income, the difference between the interest it pays on deposits and the interest it receives on loans, increased 20.4 percent to $1.2 million from $955,000 in the year-earlier quarter. Noninterest income, which includes service charges and fees, nearly tripled to $204,000 from $70,000.