Access National Corp (ANCX) has disclosed a 75.83 percent surge in profit for the quarter ended Sep. 30, 2014. The company earned $4.93 million or $0.47 a share in the third quarter compared with $2.80 million or $0.27 a share, a year ago.

Revenue during the third-quarter climbed 10.06 percent to $14.30 million from $12.99 million in the last year period.

Net interest income for the quarter rose 14.83 percent over the prior year period to $9.08 million. Non-interest income for the quarter rose 2.64 percent over the last year period to $5.21 million.

Michael Clarke, CEO said, "We take great satisfaction in having our 15-year old start-up successfully turn $10 million into $1 billion of assets. More importantly, our leadership and hard-working associates have touched the lives of thousands of business owners who provide real jobs and run successful businesses throughout the capital region. Our bank is about quality, not quantity. However, this 'quantity' measure signals a validation that our value proposition is sustainable and resonates loudly with mid-sized businesses in our market. We are very grateful for and value our client relationships."

Total assets stood at $1015.09 million as on Sep. 30, 2014, up 19.91 percent compared with $846.56 million on Sep. 30, 2013.

While total liabilities stood at $915.35 million as on Sep. 30, 2014, up 22.02 percent from $750.15 million on Sep. 30, 2013.

Deposits stood at $732.07 million as on Sep. 30, 2014, up 8.40 percent compared with $675.32 million on Sep. 30, 2013.

Equity capital of Access National Corp increased 3.45 percent to $99.74 million as on Sep. 30, 2014 compared with $96.42 million on Sep. 30, 2013.