SAN FRANCISCO - Expense control and solid lending helped boost first- quarter earnings at two big West Coast banks that reported results Monday, but a large California thrift suffered a decline because of rising interest rates.

First Interstate Bancorp, Los Angeles, posted a 15.2% rise in first- quarter net income, to $212 million. Profits at U.S. Bancorp, Portland, Ore., shot up nearly 66%, to $66 million.

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