The results were affected by a one-time $13.7 million loss from discontinued operations.

That is not counting a one-time $18 million loss from restructuring.

Mellon's move will result in a one-time loss of about $200 million in the third quarter.

But a one-time loss beats a portfolio of delinquent mortgages.

So it doesn't have to report a big, one-time loss on its balance sheet.

A year ago, it posted a one-time loss of $75 million for costs tied to closing a Wyoming refinery.

The company has since strengthened its lending standards but has taken a one-time loss of 86 billion yen, or $780 million.

The one-time loss comes to $437 million on an after-tax basis.

When banks set aside a reserve, they reduce their equity by that amount and declare a one-time loss.

Mr. Martocci said the reputation of the company was more important than this one-time loss.