First Commerce Corp. said it will take an after-tax loss of $13.3 million in the third quarter because-of securities sales, a move that will push earnings per share below consensus estimates.

First Commerce, which is based in New Orleans, said it expected to report fully diluted earnings per share of 33 cents after taking a loss on its sale of $500 million in Treasury securities. The First Call consensus estimate on First Commerce for the third quarter is 78 cents.

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