THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Wednesday, July 12, 1995 TAG: 9507120407
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
SOURCE: (Staff)
LENGTH: Short : 19 lines
First Virginia Banks Inc. reported a 5 percent decline in net income for the June 30 quarter despite a pickup in its commercial lending and indirect lending for automobiles. The Falls Church-based holding company said it earned $27.57 million for the April-through-June period. That was down from a record $29.03 million for the comparable three months of 1994. Its per-share earnings were 81 cents versus 89 cents for last year's second quarter.
by CNB