William|NNP C.|NN Walbrecher|NNP Jr|NNP .|. ,|, an|DT executive|NN at|IN San|NNP Francisco|NNP -|- based|JJ 1st|CD Nationwide|NNP Bank|NNP ,|, was|VBD named|VBN president|NN and|CC chief|JJ executive|JJ officer|NN of|IN Citadel|NNP Holding|NNP Corp|NNP .|. and|CC its|PRP$ principal|JJ operating|NN unit|NN ,|, Fidelity|NNP Federal|NNP Bank|NNP .|. 

The|DT appointment|NN takes|VBZ effect|NN Nov|NNP .|. 13|CD .|. He|PRP succeeds|VBZ James|NNP A.|NN Taylor|NNP ,|, who|WP stepped|VBD down|RB as|IN chairman|NN ,|, president|NN and|CC chief|JJ executive|NN in|IN March|NNP for|IN health|NN reasons|NNS .|. 
Edward|NNP L.|NN Kane|NNP succeeded|VBD Mr.|NN Taylor|NNP as|IN chairman|NN .|. 

Separately|RB ,|, Citadel|NNP posted|VBD a|DT third|JJ -|- quarter|NN net|JJ loss|NN of|IN $2.3|NN million|CD ,|, or|CC 68|CD cents|NNS a|DT share|NN ,|, versus|CC net|JJ income|NN of|IN $5.3|NN million|CD ,|, or|CC $1.61|NN a|DT share|NN ,|, a|DT year|NN earlier|RBR .|. 

The|DT latest|JJS results|NNS include|VBP some|DT unusual|JJ write|VBG -|- downs|RP ,|, which|WDT had|VBD an|DT after-tax|JJ impact|NN of|IN $4.9|NN million|CD .|. 
Those|DT included|VBD costs|NNS associated|VBN with|IN the|DT potential|JJ Valley|NNP Federal|NNP Savings|NNP and|CC Loan|NNP Association|NNP acquisition|NN ,|, which|WDT was|VBD terminated|VBN on|IN Sept|NNP .|. 27|CD ,|, 1989|CD .|. 
In|IN addition|NN ,|, operating|NN results|NNS were|VBD hit|VBN by|IN an|DT increase|NN in|IN loan|NN and|CC real|JJ estate|NN loss|NN reserves|NNS .|. 

In|IN American|NNP Stock|NNP Exchange|NNP composite|JJ trading|NN ,|, Citadel|NNP shares|NNS closed|VBD yesterday|NN at|IN $45.75|NN ,|, down|RB 25|CD cents|NNS .|. 

