	merchants mchn o to report nd qtr loss merchants national corp with billion dlrs in assets said it will report a loss of mln dlrs for the second quarter due to its decision to increase its provision for losses by mln dlrs mainly due to uncertainties surrounding latin american debt in the second quarter last year merchants reported net income of mln dlrs or cts a share as a result of the increased loan loss provision the bank said the allowance for loan losses will increase from pct to pct of the bank s total loans the bank said its expects to report estimated net of over mln dlrs for reuter 
