PONCE FEDERAL BANK F.S.B. <PFBS> 1ST QTR NET
Shr 63 cts vs 89 cts
    Net 3,425,216 vs 3,370,682
    Avg shrs 5,421,330 vs 3,803,425
    NOTE: net for both qtrs reflects gains on sales of
securities of 1,755,137, or 51 pct of net, in 1987; and
3,001,222, or 89 pct of net in 1986.
 Reuter
