Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, July 15, 1993                   TAG: 9307150051
SECTION: BUSINESS                    PAGE: B-7   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

REPORTED EARNINGS

Central Fidelity Banks Inc. had record second-quarter earnings of $26.3 million, or 68 cents a share, up 32.5 percent from $19.8 million, or 60 cents a share, in the 1992 quarter.

The Richmond-based company reported Wednesday that net income for the first half increased 41.6 percent from $35.6 million, or $1.08 a share, to $50.4 million, or $1.31 a share.

Chairman Carroll Saine said he hoped for continued growth during the balance of the year.

Total assets stood at $9.1 billion at the end of last month. Loans rose 13.1 percent to $4.2 billion, with especially strong growth in first-mortgage financing. Deposits grew 18.6 percent to $6.7 billion.