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NBD Bancorp of Detroit Friday reported a 3 percent increase in second-quarter earnings, to $69.9 million, or 95 cents a share, from $68 million, or 92 cents a share, in last year`s quarter. The bank group`s six-month earnings rose slightly, to $135.8 million, or $1.85 a share, from $134.6 million, or $1.83 a share, a year earlier.
NBD had June 30 non-performing assets of $222 million, or 1.37 percent of loans, up from March 31 non-performing assets of $195 million, or 1.16 percent of loans.
The $26.6 billion bank holding company has $3.42 billion of assets in its Illinois bank group. It has agreed to acquire the $1.3 billion FNW Bancorp of Mt. Prospect.
