WASHINGTON -- The 2,013 savings and loans in private hands earned $1.27 billion in the second quarter, down 13% from the first-quarter level, the Office of Thrift Supervision said on Wednesday.

The agency blamed the decline in part on writeoffs at San Diego-based Home-Fed Bank, which was seized in July, as well as additional loss provisions for bad loans in June - the last month of the fiscal year for a number of thrifts.

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