Western Bancorp: The Laguna Niguel company said...

Western Bancorp: The Laguna Niguel company said it lost $834,000, or 11 cents a share, for the second quarter, contrasted with net income of $1.5 million, or 38 cents a share, for the comparable period last year. Net income for the six-month period totaled $998,000, or 14 cents a share, which included a $3-million charge for merger costs, among other charges.

For the 1996 first half, net income was $2.1 million, or 52 cents a share, which included a gain on the sale of loans of $606,000. Earnings for the first six months of 1997 include results from Western Bank, which was acquired Sept. 30, 1996. In June, Western Bancorp completed the acquisition of California Commercial Bankshares and its wholly owned subsidiary, National Bank of Southern California, headquartered in Newport Beach.