San Diego Bancorp reported a loss for...

San Diego Bancorp reported a loss for the year ended Dec. 31, 1984, of $666,000, primarily because of problem loans made at El Camino Thrift & Loan, the company’s principal subsidiary.

The loss compares to net income in 1983 of $239,000, or 5 cents per share. Revenues for the year reached a record $6.5 million, up 38%. Total assets as of Dec. 31 were $41.5 million, up 13%.

San Diego Bancorp fired the El Camino manager responsible for the problem loans, according to Chief Financial Officer Kenneth W. Elsberry.

First National Corp., parent of First National Bank, reported a 32% drop in earnings for the first quarter ended March 31, 1984, to $140,000, or 10 cents per share. Total assets increased 43% to $118.6 million and deposits rose 68% to $101.2 million, but shareholders equity rose only 4.3% to $16.2 million.