Imperial Credit Mortgage Holdings Inc.

The Santa Ana Heights real estate investment trust reported net income of $5.6 million, or 58 cents a share, which included a one-time charge of $1.7 million for stock compensation expense. That compares with net income of $2.1 million, or 48 cents a share, for the same period of 1996. Revenue increased 82% to $25.8 million from $14.2 million. First-half net income climbed to $11.5 million, or $1.19 a share, from $3.8 million, or 87 cents a share, for the corresponding six months last year. Revenue was up 82% to $50.7 million from $27.9 million.