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

DATE: TUESDAY, October 17, 1995                   TAG: 9510170065
SECTION: BUSINESS                    PAGE: B-5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

REPORTED EARNINGS

NationsBank Corp. reported record third-quarter earnings of $530 million, up 23 percent from $431 million in the 1994 quarter. Earnings per share rose to $1.95 from $1.55.

Income for the first nine months of 1995 rose 12 percent to $1.44 billion, or $5.26 per share, compared with $1.29 billion, or $4.66 per share, last year.

Loans and leases reached $111 billion in the quarter, up 16 percent. The bank said growth was led by a significant increase in consumer loans and non-real estate commercial lending. The loans grew $3.5 billion from the second quarter.

Deposits were $98.7 billion vs. $94.7 in the year-ago quarter. Consumer deposits made up 85 percent of the total.

NationsBank had total assets of $182 billion.

Kollmorgen

Kollmorgen Corp., Waltham, Mass., parent of Inland Motor and Industrial Drives in Radford, reported third-quarter net income of $1.5 million, or 10 cents per share, on sales of $54.7 million, compared with year-earlier $175,000, equal to a loss of 4 cents per share, on sales of $46.4 million. For nine months, net income was $4.5 million, or 29 cents per share, on sales of $167 million, compared with year-earlier $2.2 million, or 5 cents per share, on sales of $140.3 million.