by Calculated Risk on 8/27/2008 12:18:00 PM

From Bloomberg: Thrifts Posted $5.4 Billion Loss in Second Quarter

U.S. savings and loans posted a $5.4 billion loss in the second quarter as lenders set aside record reserves for loan losses amid the slump in the housing market, the [Treasury's Office of Thrift Supervision] said.

Provisions for bad loans reached $14 billion ...

The OTS list of ``problem thrifts'' increased to 17 from 12 at the end of the first quarter and accounted for 2.1 percent of all the OTS-supervised thrifts ...

The S&Ls have problems too.