	st central financial fcc sees higher ings first central financial corp said it expects ings to rise significantly in and said it is actively seeking an acquisition the property and casualty insurance company s chairman and chief executive officer martin j simon told reuters in an interview that he expects ings of cts a share in compared with cts a year ago he said the company currently has the sufficient momentum to achieve those ings and the successful completion of licensing applications to operate in pennsylvania delaware connecticut and ohio should fuel our ings the company is currently licenced to operate only in new york state simon estimated that the company would  seven cts a share in the first quarter compared to three cts in the same quarter a year ago and eight cts a share in the second quarter compared to five cts ed in he expects the company to  nine cts a share for each of the final two quarters of in addition simon said first central financial is actively looking for and has several acquisition brokers looking for a small life insurance company to acquire he said the acquisition should be in the mln dlr range and will be part of a strategy of expanding the company into a wide spectrum of insurance services no specific company has been targeted as yet but i would like to make my first acquisition in he said he said first central financial would not itself be an easy takeover target it wants to remain independent he said and has implemented a staggered board of directors system in addition simon the company s biggest shareholder holds about of the mln ouitstanding shares reuter 
