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First Wachovia Corp.: The Winston-Salem, N.C., bank...

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From Times Staff and Wire Reports

First Wachovia Corp.: The Winston-Salem, N.C., bank holding company said second-quarter net income totaled $75.2 million, up 10% from a year ago. The firm said the increase reflected good growth in loans and other service revenue but was moderated by a narrower net interest rate yield.

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