BLOOMFIELD SAVINGS <BFCO.O> SEES IMPROVED NET
Bloomfield Savings
and Loan Association F.A. said its receipt of 8.5 mln dlrs as
partial settlement from a lawsuit will have a "substantial
positive impact" on its earnings for 1987.
    The thrift had net loss of 4,095,000 dlrs or 1.85 dlrs a
share in 1986. The 8.5 mln dlrs will be reported during the
second quarter, it said
    Bloomfield Savings said it is continuing to seek to recover
the remaining 5.5 mln dlrs of the total 14 mln dlr judgment
against United Federal Savings and Loan Association of Durant,
Okla., over a 1985 real estate loan.
 Reuter
