Imperial Credit Industries Inc.: The Newport Beach...

Imperial Credit Industries Inc.: The Newport Beach parent company of Southern Pacific Thrift & Loan Assn. reported a profit of $6.4 million, or 68 cents a share, for the third quarter. That was 73% higher than the company’s earnings of $3.7 million, or 40 cents a share, for the comparable 1992 period. Included in the 1993 figure is a gain of $637,000 from an accounting change. Profit for the first three quarters of 1993, including a gain of $1.5 million from the accounting change, was $13.3 million, or $1.42 a share. That compares to earnings of $9.8 million, or $1.25 a share, for the same period a year earlier.