BofI Holding Inc., the San Diego based parent of BofI Federal Bank, reported record fiscal second quarter profit of $9.7 million, up 47 percent from the like quarter of the prior fiscal year. It was the fourth consecutive quarter of record earnings for the online bank.

Shares of the company, traded under BOFI on Nasdaq, rose 55 cents to close at $33.47 Feb. 7, another notch in the stock’s year-long appreciation of about 97 percent, among the highest gainers in the broad market. The market cap for the lender was $429 million.

For its six months ended Dec. 31, BofI had net income of $18.7 million, up 42 percent from the like quarter of the prior fiscal year.

BofI’s loans grew by $628 million over the 12 months, up 41 percent; in the second quarter alone loans were up 70 percent compared to the second quarter of FY 2012.

Total assets increased $650 million to $2.87 billion, making it the second largest locally based bank behind only California Trust & Savings Bank with about $11 billion in assets.

Asset quality remains strong with nonperforming assets making up only 0.79 percent of total assets.

Capital ratios all exceed regulatory minimums, with total risk-based capital at 14.6 percent, above the 10 percent needed to be regarded as well-capitalized.

— Mike Allen