Monarch Community Bancorp Inc. of Coldwater, Mich., had a loss of $17.5 million in the fourth quarter, more than five times its loss a year earlier.

The $283.2 million-asset company said Monday that it lost $19.4 million in 2009, or $10.03 per share, compared with net income of $298,000. For 2009 assets decreased by $8.6 million, or 3%.

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