SAN DIEGO COUNTY - News from April 20, 1989

BSD Bancorp, parent of Bank of San Diego and several other local banks, reported a $750,000 first-quarter profit Wednesday, up from a profit of $482,000 in the corresponding quarter the previous year.

Assets as of March 31 were $372 million, up from $342 million a year previous. Deposits were $330 million, up from $307 million a year before, and total loans were $274 million, compared with $248 million a year ago.