Fidelity Southern Corp. in Atlanta returned to full-year profitability after earning $3 million in the fourth quarter.

The $1.91 billion-asset company lost $3.9 million in 2009 but earned $10.1 million last year.

Fourth-quarter earnings were up 58% from a year earlier, the company said in a press release Friday.

Fidelity's loan-loss provision fell 7% from a year earlier, to $7 million. Net chargeoffs were roughly half their level a year earlier, at $7.2 million.

James Miller Jr., Fidelity's chairman, said in a press release that the company is planning "substantial investment" in lending, compliance staff, electronic banking and data processing.

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