	bank of boston bkb sees improved st quarter bank of boston corp expects first quarter ings will range between cts and one dlr a share up from cts a share last year chairman william brown said he told shareholders the company has a mln dlr exposure in loans to brazil if that country defaults on its debt payments if a default does occur it would first quarter ings by about five cts a share which would bring the bank s in the lower level of the estimated range he added brown noted the first quarter net included a cts gain from loan restructurings which will not appear this year brown said the bank s other nonperforming assets not including its brazilian exposure could rise to over mln dlrs at the end of this quarter compared with mln dlrs a year earlier and mln dlrs at the end of he said the increase includes all of its equadorian loans which he expects will be ultimately repaid after the company recovers from an earthquake earlier this year brown said the increase also includes some mexican and venezuelan loans as those nations are also facing credit problems brown said the bank of boston remains cautiously optimitic about the full year even if our brazilian exposure were to be on nonaccural all year in the bank ed dlrs a share or mln dlrs on net interest revenues of billion dlrs president ira stepanian told the shareholders s meeting the bank s total loans to argentina brazil and mexico totaled mln dlrs at the end of pct of its primary capital brazil loans total mln dlrs of which about two thirds are affected by its suspension of interest payments on its medium and long term foreign debt reuter 
