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Capital Bank of California: The Los Angeles...

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From Times Staff and Wire Reports

Capital Bank of California: The Los Angeles bank, citing lower interest income and the need to set aside more money against possible loan losses, said it lost $377,000 in the first quarter, contrasted with a $325,000 profit a year earlier. The bank, which had $293 million in assets as of March 31, is affiliated with Capital Bank in Miami and Capital Bank in Washington.

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