The three largest California thrifts reported solid first-quarter earnings results, on the strength of widening interest margins.

H.F. Ahmanson & Co., the nation's largest thrift, reported first-quarter earnings of $64.8 million against a loss a year earlier. No. 2 Great Western Financial Corp. earned $71.3 million in the first quarter, up 64%, and Golden West Financial Corp., parent of World Savings Bank, earned $75.5 million, up 48%.

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