Scaling a CBitmap - what am I doing wrong?

I've written the following code, which attempts to take a 32x32 bitmap (loaded through MFC's Resource system) and turn it into a 16x16 bitmap, so they can be used as the big and small CImageLists for a CListCtrl. However, when I open the CListCtrl, all the icons are black (in both small and large view). Before I started playing with resizing, everything worked perfectly in Large View.

What am I doing wrong?

 // Create the CImageLists
 if (!m_imageListL.Create(32,32,ILC_COLOR24, 1, 1))
 {
  throw std::exception("Failed to create CImageList");
 }
 if (!m_imageListS.Create(16,16,ILC_COLOR24, 1, 1))
 {
  throw std::exception("Failed to create CImageList");
 }

 // Fill the CImageLists with items loaded from ResourceIDs
 int i = 0;
 for (std::vector<UINT>::iterator it = vec.begin(); it != vec.end(); it++, i++)
 {
  CBitmap* bmpBig = new CBitmap();
  bmpBig->LoadBitmap(*it);
  CDC bigDC;
  bigDC.CreateCompatibleDC(m_itemList.GetDC());
  bigDC.SelectObject(bmpBig);

  CBitmap* bmpSmall = new CBitmap();
  bmpSmall->CreateBitmap(16, 16, 1, 24, 0);
  CDC smallDC;
  smallDC.CreateCompatibleDC(&bigDC);
  smallDC.SelectObject(bmpSmall);
  smallDC.StretchBlt(0, 0, 32, 32, &bigDC, 0, 0, 16, 16, SRCCOPY);

  m_imageListL.Add(bmpBig, RGB(0,0,0));
  m_imageListS.Add(bmpSmall, RGB(0,0,0));
 }

 m_itemList.SetImageList(&m_imageListS, LVSIL_SMALL);
 m_itemList.SetImageList(&m_imageListL, LVSIL_NORMAL);

Make sure you deselect the CBitmaps after using them:

// Select the objects
CBitmap* ret1 = bigDC.SelectObject(bmpBig);
CBitmap* ret2 = smallDC.SelectObject(bmpSmall);
...
// Do the painting
...
// Deselect
bigDC.SelectObject(ret1);
smallDC.SelectObject(ret2);