With chargeoffs spiking, Umpqua Holdings Corp. in Portland, Ore., lost $10.4 million in the third quarter, disappointing analysts who expected a profit and causing its stock to slip Thursday.

The loss of 14 cents a share includes the $3.2 million it paid in dividends on the government's preferred stock. On average analysts had anticipated the $9.2 billion-asset Umpqua would earn a penny a share.

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