Freedom Savings and Loan Associationsaid it may seek a possible sale or merger of the association
as it reported a net loss of 112.7 mln dlrs or 31.09 dlrs a
share for 1986.
    The loss included a number of charges, including additions
to its loan loss provision of 68 mln dlrs and write-downs on
the value of its real estate of 13 mln dlrs.
    It said it is continuing to work with investment bankers to
find sources of new capital, return its non-performing assets
to earning status, and reduce operating expenses and
liabilities, among other things.
 Reuter
