MACON, Ga., Nov. 2, 2010 (GLOBE NEWSWIRE) -- Atlantic Southern Financial Group (Nasdaq:ASFN) today reported a net loss of $3.7 million, or $0.87 per diluted share, for the third quarter of 2010 compared to a net loss of $8.3 million, or $1.97 per diluted share, in the third quarter of 2009. The net loss was primarily driven by adding $2.2 million to the allowance for loan losses and paying approximately $1.1 million in FDIC quarterly assessments.
Atlantic Southern Financial Group, Inc. Reports Net Loss For Third Quarter 2010
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