Glendale in the black after year-earlier loss. (Glendale Federal Bank, second quarter ending December 31, 1994) (Brief Article)

GLENDALE, Calif.--Glendale Federal Bank reported net earnings Wednesday of $12.7 million for its second quarter, which ended Dec. 31.

This compar|es to a net loss of $39.8 million for the second quarter of fiscal 1994.

The results for the current quarter include a gain of $2.3 million resulting from the previously announced sale of Glendale's Florida operations, and an extraordinary net gain of $1.8 million due to the early …