Jefferson Bancshares Inc. of Morristown, Tenn., restated its last quarter as a loss after its take on bad investments and loans worsened.

The $562.6 million-asset company previously announced earnings of $363,000 for the quarter, and $1.2 million for the year, ended June 30. Those numbers were revised to a loss of $848,000 for the quarter and a profit of $30,000 for the year, the bank said Tuesday.

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