IKB reports $1.6 billion 9-month loss

``As for the third quarter results, which had been long delayed because of its bailout, the bank said it earned 10 million euros ($15.8 million) in the October-December period, but did not provide the figures from a year earlier. However it said the result was hurt by another 70 million euros ($110.3 million) in write-downs, along with tax-related expenses of 61 million euros ($96.1 million).''