Resource Bancshares Mortgage Group said Thursday that it lost $4.2 million in the second quarter, or 24 cents per share, compared to a profit of $3.3 million in the same period last year.

The Columbia, S.C., company said its operating loss was only $2.3 million, or 13 cents per share. The operating loss excludes noncash charges for the planned sale of Resource's commercial mortgage unit, Laureate Capital Inc. of Charlotte, N.C.

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