CapitalSource Inc. in Chevy Chase, Md., reported Thursday that it swung to a $247 million loss in the second quarter, from a profit of $62 million a year earlier, as credit quality continued to worsen.

The net loss at the company's CapitalSource Bank in Pasadena, Calif., widened to $70.8 million, from $94,000 in the first quarter, after it booked a $90.4 million provision for loan losses.

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