Coast Savings & Loan reported income of...
Coast Savings & Loan reported income of $12.5 million in the first quarter, more than four times the $2.7 million that it earned in the same quarter a year ago. The Los Angeles thrift attributed the jump in earnings to an increase in interest income and a gain of $22.9 million on the sale of loans and mortgage-backed securities.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.