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O.C. EARNINGS

National Bank's Parent Posts Loss

August 05, 1993

California Commercial Bankshares, the Newport Beach parent company of National Bank of Southern California, incurred a second-quarter net loss of $846,000, or 33 cents a share, contrasted with a year-earlier profit of $526,000, or 20 cents a share.

A net loss of $744,000, or 30 cents a share, was posted for the first half of 1993. For the like period last year, profit totaled $1 million, or 41 cents a share.

Total assets as of June 30 were up 4%, to $367.3 million from $351.6 million.

The company attributed the second-quarter loss to lower net interest income, a $1.4-million provision for possible loan losses and $570,000 in losses on other real estate it owns.

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