UnionFed Financial Corp.: The Brea-based parent company...

UnionFed Financial Corp.: The Brea-based parent company of Union Federal Savings Bank posted first-quarter earnings of $906,000, contrasted with $5.1 million for the corresponding period in 1989. The company attributed the earnings shortfall to reductions in interest income, weakness in its real estate operations and other non-operating income, the company said. Total assets as of Sept. 30 reached $2.5 billion, up from $2.4 billion at the same time last year.