Citing trouble with its residential construction loans, State Bancorp Inc. in Jericho, N.Y., said Wednesday that it swung to a $5.1 million loss in the first quarter, from a $3 million profit a year earlier.

The $1.6 billion-asset company said it fattened the provision for loan losses 525%, to $8.4 million, as nonaccrual loans and chargeoffs rose.

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