Goldfields Money has put its updated banking business to work, reporting annualised growth in deposits of 87 per cent.The Kalgoorlie-based ADI demutualised and raised new capital early last year, and set ambitious growth targets. Net profit for the half year to December 2012 fell 63 per cent, to A$103,000, a result that the company said was "in line with expectations and meets the objective to operate profitably [while introducing] new costs ahead of revenues."Deposits increased 44 per cent over six months, to $87 million. Many of the deposits were sourced through Perth stockbroker Patersons. Goldfields opened its first office in Perth last month, in the affluent suburb of Claremont.Chief executive David Holden said Goldfields was also working with some other stockbrokers, and was talking to some third-party intermediaries in the deposit space.He said some "tactical marketing" also played a part in its recent success. "We've never really marketed before."The loan book increased 23 per cent to $60 million. Holden said meeting lending targets was the key to "enhanced profitability."