IRVING BANK <V> CITES LOANS IN EARNING DECLINE Irving Bank Corp said the decline in its first quarter earnings to 28.6 mln dlrs from 30.4 mln dlrs in the year-ago period were due to the placement on a non-accrual basis of 215 mln dlrs and 33 mln dlrs of medium and long-term loans to borrowers in Brazil and Equador. Excluding the impact of the non-accrual loans, Irving said its first quarter net income would have rose 8.4 pct to 32.9 mln and per share amounts would have risen eight pct to 1.75 dlr. In the first quarter the bank reported earnings per share of 1.51 dlr compared to 1.62 dlr in the same period last year.