WASHINGTON — While continuing to show signs of weakness, the banking industry managed a $2.8 billion profit in the third quarter, thanks to higher net interest income and growth in institutions' securities portfolios, the Federal Deposit Insurance Corp. said Tuesday.

The net income — reported in the FDIC's Quarterly Banking Profile — was more than three times higher than the industry's $879 million in net income from a year earlier, and a vast improvement over the $4.3 billion loss suffered in the second quarter.

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