First Financial Holdings Inc. of Charleston, S.C., warned Thursday that it expects to report a steep loan-loss provision for its fiscal second quarter, which ended March 31.

The $3.5 billion-asset company said it expects to take a $44 million to $46 million provision, which would represent a 75% to 80% increase from the previous quarter and would be more than three times higher than the provision taken a year earlier.

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