The city's largest thrifts last week reported stunning second-quarter earnings gains.

Dime Bancorp, New York's largest savings and loan, reported a 26.9% jump in net income from a year earlier, to $36.8 million, excluding a one-time pretax charge associated with the bulk sale of nonperforming assets. Earnings per share rose 29.6%, to 35 cents, excluding the charge.

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