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DEERBANK RECORDS 17.2 PERCENT EARNINGS INCREASE FOR THE QUARTER ENDED DEC. 31, 1991

 DEERBANK RECORDS 17.2 PERCENT EARNINGS
 INCREASE FOR THE QUARTER ENDED DEC. 31, 1991
 DEERFIELD, Ill., Jan. 29 /PRNewswire/ -- Deerbank Corp. (NASDAQ: DEER), the holding company for Deerfield Federal Savings and Loan Association, recorded net income of $1,352,000 for the first quarter ended Dec. 31, 1991, an increase of 17.2 percent over the earnings of $1,154,000 for the similar period last year, it was announced today.
 Earnings per common share were $1.12 for the quarter ended Dec. 31, 1991, and $0.99 per share for the quarter ended Dec. 31, 1990.
 -0- 1/29/92
 /CONTACT: David Mullins, 708-945-2550, for Deerbank/
 (DEER) CO: Deerbank Corp.; Deerfield Federal Savings and Loan Association ST: Illinois IN: FIN SU: ERN


CK -- NY049 -- 4737 01/29/92 12:26 EST
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Publication:PR Newswire
Date:Jan 29, 1992
Words:132
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