GLENDALE, Calif. - Fidelity Federal Bank, stung by a huge loan-loss provision, lost $14.8 million in the fourth quarter.

It had lost a $37 million in the comparable 1993 period.

For the full year the bank lost $128.4 million, versus a $65.9 million loss for all of 1993.

The fourth quarter saw loan-loss provisions of $21.9 million, up from $3 million in the third quarter. The provision a year earlier was $23.6 million.

Notwithstanding the fourth-quarter loss, Fidelity officials said the savings bank continues to maintain capital ratios necessary to be considered "adequately capitalized" under Office of Thrift Supervision regulations.

On the basis of a nearly completed annual examination being conducted by the OTS, the $3.7 billion-asset thrift incrementally increased its loan- loss provisions as of Dec. 31 by $16.7 million.

"Management does not believe that the additional OTS incremental reserves were necessary," said Richard Greenwood, chief executive.

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