FIRST INTERSTATE OF IOWA INC <FIIA.O> 1ST QTR Shr profit two cts vs loss two cts Net profit 251,000 vs loss 222,000 NOTE: Pretax net profit 295,000 dlrs vs loss 256,000 dlrs. Charge against earnings for loan losses 1,743,000 dlrs vs 2,743,000 dlrs and net chargeoffs 1,636,000 dlrs vs 3,865,000 dlrs.