FINANCIAL CORP OF AMERICA <FIN> 3RD QTR LOSS
Shr loss 2.20 dlrs vs profit 24 cts
    Net loss 75.8 mln vs profit 11.6 mln
    Avg shrs primary 35.9 mln vs 36.5 mln
    Avg shrs diluted 39.3 mln vs 39.9 mln
    Nine mths
    Shr primary loss 7.04 dlrs vs profit 1.69 dlrs
    Shr diluted loss 7.04 dlrs vs profit 1.64 dlrs
    Avg shrs primary 35.9 mln vs 37.2 mln
    Avg shrs diluted 39.3 mln vs 46.6 mln
   
    Net loss 243.4 mln vs profit 72.2 mln
    Assets 33.4 billion vs 34.1 billion
    Loans 10.8 billion vs 12.0 billion
    Deposits 16.9 billion vs 17.0 billion
    NOTE: Net includes FSLIC sepcial assessment loss of
5,429,000 vs 5,193,000 in qtr 1987 vs 1986, and 16.3 mln vs
16.0 mln in nine mths 1987 vs 1986.
    Net includes gain from sale of mortgage-backed securities
and loans of 12.4 mln vs 93.4 mln, and 139.7 mln vs 264.0 mln
in nine mths 1987 vs 1986.
   
    Net includes gain from sale of investments of 64,000 in qtr
1987, and 157,000 vs 1,231,000 in nine mths 1987 vs 1986.
    Net includes provision for losses and discounts of 70.4 mln
vs 76.2 mln in qtr 1987 vs 1986, and 315.7 mln vs 161.7 mln in
nine mths 1987 vs 1986.
    Nine mths 1987 included write off of FSLIC secondary
reserve of 22.7 mln.
 Reuter
