Record new lending has helped Beyond Bank produce strong profit growth for the year to June - another positive result in what has been a good year for the customer-owned banking sector.The mutual bank increased new lending by 24 per cent to A$965 million in 2015/16 and grew its loan balance by ten per cent to $4.1 billion.One reason for the strong growth was that the bank started distributing through mortgage brokers."The entry into this market over the later part of the year has been very successful and performance to date is above expectations," the bank said in its annual report.Deposits grew 8.7 per cent to $3.8 billion.Net interest revenue rose five per cent to $106.9 million and total operating income rose 3.9 per cent to $130.7 million.Beyond Bank said its cost management was "sustainable" and net profit increased by 7.8 per cent to $24.6 million.Capital adequacy was 16.4 per cent.The mutual bank has 198,000 members, adding 10,000 in 2015/16.Beyond Bank chief executive Robert Keogh said in a statement that the bank put $2.2 million back into the community.