The Melton advanced £68m in new mortgages in 2015 with loans and advances increasing by 4.3% to £313m.
The Melton Group upped its pre-tax profit by 44% to £1.57m in the year to 31 December 2015.
This marks an increase from £1.09m in 2014.
Martin Reason, its chief executive, said: “Our strong financial performance reflects the excellent progress we have made in delivering great value products as evidenced by our regular appearance in national best buy tables.
“We continue to invest in the future, making improvements to our branches and developing our core systems to support improved customer service and operating efficiency.”
The Melton advanced £68m in new mortgages in 2015 with loans and advances increasing by 4.3% to £313m.
Mortgage arrears fell by 28% in 2015 and it increased its capital reserves by £2.2m to £35.1m.
The Melton has branches in Grantham, Oakham and Melton Mowbray. It offers
mortgages, savings and insurance and investments.
