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Klamath's earnings down 42 percent

Drop occurs with an acquisition around the corner

Bulletin staff reports

Klamath First Bancorp said Thursday its net earnings fell 42 percent to $1.1 million, or 16 cents a diluted share from $1.9 million or 30 cents a share in its third fiscal quarter, ended June 30, 2003.

"We are continuing to execute our strategy to build a strong....

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