For The Record
Due To An Editor's Error, One Of The Reasons For First Eastern Bank's Fourth
Quarter 1993 Loss Of $5.9 Million Was Incorrectly Reported On Page 9b Of
Thursday's Times Leader. The Loss Was Due, In Part, To An Accelerated
``writedown Of Core Deposit Intangible'' Related To First Eastern's Previous
Purchase Of Several Atlantic Financial Offices. A Sub-headline Also Was
Incorrect In The Same Story. First Eastern's Loss For The Fourth Quarter