SAN FRANCISCO -- EurekaBank will record a charge to earnings of approximately $21 million, resulting in a net loss for the third quarter of about $16 million, the San Francisco thrift's parent said.

America First Financial Fund 1987-A, owner of EurekaBank, said the charge relates to interest rate-swap contracts arranged mainly in 1988, 1990, and 1991 to hedge yields on fixed-rate mortgages funded by variable-rate liabilities.

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