The parent company of HomeStreet Bank in Seattle announced Monday a second-quarter profit of $18 million, or $2.43 a share, up from $1.3 million, or 45 cents a share, in the same period a year ago.

The company chalked up the gains to over $1 billion in mortgage loan originations, up $744.8 million from last year's second quarter.

Nonperforming assets stood at $73.7 million, down from $193.6 million a year ago.