first half, up 9.1% from the year-earlier period, the Federal Deposit Insurance Corp. said Monday.

The second-quarter earnings total was $17 billion, weighed down by a $1.5 billion loss recorded by Bankers Trust Co., which was acquired by Deutsche Bank in June. If not for that, FDIC Chairman Donna Tanoue noted, the industry would have posted a record for the second consecutive quarter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.