Albina Community Bancorp in Portland, Ore., Friday reported losing $1.8 million in the fourth quarter, compared with a $60,000 loss for the same period in 2008.

The $202 million-asset company had a fourth-quarter provision of $2 million for loan losses, up 143%. Albina's ratio of nonperforming assets to assets decreased 87 basis points, to 6.85%, from the third quarter.

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