Shares of Pulaski Financial Corp. of St. Louis fell 9% Wednesday on news that it lost $4.1 million, or 39 cents a share, in its fiscal fourth quarter because of a spike in troubled loans and hefty loss in its securities portfolio.

The $1.3 billion-asset company blamed the loss largely on a previously announced after-tax loss of $5.2 million related to its investments in Fannie Mae preferred securities.

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