San Francisco's Pacific Bank said it expects to report a net loss of $2.5 million this quarter because of turmoil in Asia and restructuring costs at home.

The $694 million-asset bank said Monday that it would boost loan-loss provisions by as much as $6.5 million to cover defaults of two loans made to customers with ties to Asia. It also announced that it would take a charge of $2.5 million to $3 million to pay for job cuts and branch closings in connection with its acquisition of Los Angeles-based Sterling Bank.

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