Professional Bancorp of Santa Monica, Calif., still reeling from the collapse of its sale to a neighboring thrift company, revealed this week that it lost $2.4 million in the third quarter.

Professional, which specializes in lending to doctors, dentists, and medical billing companies, blamed the $1.17-per-share loss on two troubled loans. It said it has increased its loan-loss provision by 278% to cover potential losses as well as longer-than-anticipated repayments from health-care clients struggling through turmoil in that industry.

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