Perpetual American Bank yesterday announced a $2 million loss for the fiscal year ending Oct. 31, compared with a loss of almost $6 million for 1983.

Bank President Thomas J. Owen said that although the bank continued to lose money in 1984, its financial picture was improving; he predicted the bank would be profitable in 1985.

"Although a loss was recorded for the year," Owen said, "earnings for the last six months of the fiscal year totaled $2 million. . . . In 1985, we expect the bank to report profits from operations." Chief Operating Officer Ross C. Towne said the bank projected a 1985 profit of $7 million from operations ($1.03 a share). Per share loss figures for 1984 were not available because of the bank's recent conversion to stock ownership.

Owen also said the bank had decided to sell some of its real estate holdings, which could produce profits of more than $25 million.

Properties to be sold include a building at 15th Street and New York Avenue NW, which the bank has listed with realtors for $35 million, and a building at 8700 Georgia Ave. in Silver Spring. The bank plans to retain its branches in both buildings. Also to be sold is a piece of land used as a parking lot adjacent to 500 11th St. NW, site of the bank's former headquarters. Perpetual's headquarters is now in Alexandria.

Towne said the bank had decided to sell the properties because it has "substantial value, and we think we can utilize the capital better by selling the real estate than by letting it sit there."

Towne said it was not clear how much of any real estate profits the bank could count as income in 1985. The bank has $92 million of loss that can be carried forward and used to offset any profits and eliminate taxes on profits from the sales. The more real estate profits the bank can count as 1985 income, the more improvement there will be in the bank's financial picture, Towne said.

Owen also said the bank's net interest revenue was up $13.4 million to $32.6 million, while deposits rose to $2.4 billion from $2 billion.

Evaluation Research Corp. of McLean said net income for the third quarter, ended Sept. 30, rose 23 percent, to $298,000 (10 cents) from $242,000 (8 cents).