Urban Partnership Bank, launched in 2010 to take over the assets of ShoreBank after its failure, suffered a $28 million loss through the first nine months of 2014. The primary reason: a $24 million writedown this year on the value of the bank's 10-year agreement with the FDIC to share losses on bad ShoreBank loans. Despite the losses, the bank has maintained sensitivity to its community as it works through ShoreBank's bad loans. That has meant restructuring loans that in other circumstances might have been resolved more quickly with seizure of collateral. The bank has also expanded its new lending program, committing about $200 million to new borrowers since 2010.