WASHINGTON -- The 60 savings and loans in the Resolution Trust Corp.'s conservatorship program had a net loss of $283 million in the second quarter, 26% more than in the first.
The thrifts, which held $23.2 billion in gross assets on June 30, had a negative tangible capital of $2 billion, the RTC said.
The agency said $162 million of the second-quarter loss reflected noncash charges to recognize prior losses on assets, including writedowns of goodwill.