Big banks aren’t the only ones being dogged by bad loans.

Late Thursday two community bank companies — BSB Bancorp in Binghamton, N.Y., and Imperial Credit Industries in Torrance, Calif. — announced that they were boosting loan-loss provisions and taking hefty losses in the fourth quarter because of troubled loans. Imperial Credit, parent of $2 billion-asset Southern Pacific Bank, also revealed that it has been ordered by the Federal Deposit Insurance Corp. to stop making the types of high-risk loans that has led to repeated chargeoffs in recent years.

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