In what was depicted as an effort to sharpen its focus on retail banking, Coast Federal Bank of Los Angeles has agreed to sell an accounts- receivable financing unit to Imperial Credit Industries Inc. for $140 million in cash.

The deal, which is expected to close in 30 days, should provide a small boost to the earnings of Coast Savings Financial Inc., the thrift's parent, said James Marks, an analyst with Hancock Institutional Equity Services.

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