BOSTON -- Boston Five Bancorp, the parent of Boston Five Cents Savings Bank, reported a net loss of $1.8 million, or 26 cents a share, for its second fiscal quarter, which ended April 30.

The $1.8 billion-asset thrift company lost $6.2 million, or 87 cents a share, in the comparable 1991 quarter.

The latest loss brought the six-month deficit to $4.1 million, or 58 cents a share, versus a loss of $11.8 million, or $1.67 a share, last year.

The more recent results include extraordinary income of $4.4 million, or 62 cents a share, from the conversion of the Massachusetts Savings Bank Life Insurance company from the mutual to stock form of ownership.

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