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HomeFed Corp.: The parent of HomeFed Bank...

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From Times Staff and Wire Reports

HomeFed Corp.: The parent of HomeFed Bank reported that its first-quarter net income climbed 13% to a record $34.5 million, compared to $30.5 million in the year-ago quarter. The San Diego-based company attributed the increase to higher interest income, which jumped 14% to $116 million, and cost controls.

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