Signature Bank released its Q2/15 earnings and reported net income of $90.5 million, setting a new record for the New York-based bank.

The net income reported was a significant jump from the $72.5 million accrued in Q2/14.

The lift in net income was powered by strong deposit and loan growth, Signature said. Total deposits in the quarter increased by $429.6 million to $24.46 billion and loans grew by $1.23 billion (6.4%) to $20.53 billion.

Total assets also grew by a large margin, with a $5.44 billion increase or 22% boost to just under $30 billion. Total assets stood at $24.53 billion at the end of Q2/14.

Net interest margin was 3.27%, compared to 3.31% last year, and yield on interest earning assets was 3.70%, down from 3.87% across the same time frame in 2014.

Read the full release from Signature Bank here.