The branches of Chase Manhattan Corp. flowered last month, booking pretax profit "a shade under $21 million, nearly $9 million over plan," regional bank executive Donald Boudreau told his troops in an internal memo last week.

For the first four months of 1992, Chase booked $82.3 million pretax, almost $30 million ahead of budget, Mr. Boudreau crowed. Key factors: deposits, which "exceed plan by $98 million"; deposit spreads "significantly better than anticipated"; and $5.2 million in one-time gains from mortgage sales, foreign exchange income and the unwinding of a fixed-rate swap - well above the $900,000 budgeted for such "nonfee-based income."

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