When Regents Bank, headquartered at 875 Prospect St., recently released its Profitability Growth Report for 2008, the news was good for the bank, which continues to grow despite an economy that remains on a downward path.  “Regents Bank is primarily focused on relationship-based lending practice rather than transactional lending,” said Dan Yates, president and Chief Executive Officer. “Transaction-based banking treats each loan transaction as a single deal and focuses on the risk of the loan.” The bank reported a net income of $1.2 million for 2008, with total assets at the end of the year remaining unchanged from 2007 at a total of $291 million. Loans were up 18 percent from the previous year.   “With a relationship-banking business strategy, the bankers at Regents typically advise each small-business customer on both private financial affairs and whatever business financial questions may arise in connection with the business enterprise,” Yates said. For more information, see www.regentsbank.com.