The provision for loan losses increased 7.1 % to $ 8.1 million in the fourth quarter of 2008 compared with $ 7.5 million in the fourth quarter of 2007 . The provision for loan losses was up from $ 1.9 million in the linked third quarter of 2008 . Net charge-offs were $ 2.5 million for the fourth quarter of 2008 , an increase from $ 1.0 million in the linked third quarter of 2008 . Net charge-offs were $ 10.1 million in the fourth quarter of 2007 .