Pinnacle Bank of Oregon, Beaverton, Ore., has announced that it expects to report a net loss of unspecified size for the third quarter due to the weakening housing construction market.The expected loss will be the result of a loan-loss provision of approximately $1.4 million, the bank said. "Despite the large provision, the bank expects to continue to be well-capitalized by regulatory standards," Pinnacle Bank said. The bank can be found on the Web at http://www.pinnaclebankoregon.com.
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