Another Washington State banking company has announced that first- quarter earnings will fall far short of Wall Street estimates.

Cowlitz Bancorp. in Longview said last week that it expects to report earnings of 1 to 2 cents a share, against the 13 to 15 cents that analysts had projected. The $178.3 million-asset bank cited the charge-off of a $350,000 loan and start-up costs for a loan center.

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