Several midsize thrifts in Southern California are returning to health along with the region's economy, first-quarter earnings reports showed.

Stung by plummeting real estate prices and defense industry cutbacks, many of the region's savings and loans had been in intensive care for most of this decade.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.