money as it earned in all of 1995.

BCB said yesterday it had earned an unaudited third quarter profit of $693,000 and $1.6 million for the nine months to June 30, compared to $1.6 million for the year ending September 30, 1995.

"We have had another strong quarter and we are ahead of budget for the first nine months of 1995/96,'' said managing director Audette Exel. "We have seen steady increases in average balances over the nine month period and we are very much looking forward to a strong finish for the financial year-end on September 30.'' This is the first year the bank has released quarterly results.

Retained earnings rose 48 percent to $4 million at June 30 from $2.7 million at September 30, 1995.

Total assets were up 41 percent to $384.4 million compared to $272.6 million nine months earlier while demand, savings and term deposits rose to $352.5 million from $242.1 million and capital funds rose to $27.4 million from $26.1 million.

Net assets per share increased to $6.41 for the quarter from $6.11 for the 1994/95 year.

BCB also reported net interest income over the nine months was $2.8 million compared to $3.1 million for the previous fiscal year.

Fees and commissions over the three quarters were $2.8 million compared to $2.9 million for the 12 months ended September 30.

Nine month operating expenses totaled $5 million. For the 12 months ended September 30, operating expenses were $5.9 million.

BCB AT A GLANCE (All figures in thousands, except per-share amounts) Jun.30, 1996 Sep.30, 1995 Pct. Change Net Income (Loss) $1,600 1,600 N/A Assets per share $6.41 $6.11 5% Total assets $384,400 $272.6 41%