Mercantile Bancorp Inc. of Quincy, Ill., said Tuesday that it narrowed its fourth-quarter loss to $4.3 million, from $6.7 million a year earlier.

The $1.4 billion-asset company's losses for the year totaled $58.5 million — more than six times its loss in 2008. The 2009 loss was attributed to noncash expenses, including a $44.6 goodwill impairment charge and a $2.9 million writedown of foreclosed assets, Mercantile said.

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