Two Los Angeles boutique banks, Private Bank of California and Pacific Commerce Bank, announced preliminary third quarter results that showed growth despite the larger financial crisis.

Private Bank of California saw net profit of $82,000 for the quarter ended Sept. 20, compared with a net loss of $100,000 for the same period a year ago. The total assets at the three-year-old Century City bank rose 40 percent to $242 million from a year ago. The bank, which targets high net worth individuals and business professionals, had no nonaccrual loans and no subprime mortgage loans or securities backed by subprime loans at the end of the quarter.

“We are pleased that we achieved profitability this quarter in what proved to be a difficult economic environment for many other institutions,” said Chairman Steven D. Broidy.

Pacific Commerce Bank, a six-year-old community bank with offices in Little Tokyo and West Los Angeles, said its third quarter net income grew 163 percent to $166,000 largely due to higher net interest income.

Total assets increased 22 percent to $165 million, and total deposits were up 16 percent to $133 million. Total loans outstanding grew 27 percent to $140 million.

“We have largely been spared the problems endured by bigger banks with their lending concentrations in the areas of subprime housing, construction and subdivision development,” Chief Executive Brian Kelley said in a statement.