Revised statistics issued by the Federal Deposit Insurance Corp show the US bank industry posted a net loss of $US32.1 billion in the fourth quarter of 2008.
The FDIC previously reported that the industry posted a net loss of $US26.2 billion - its first quarterly loss since 1990.
However, substantially higher charges for goodwill impairment prompted the agency to update the figures.
The $US32.1 billion loss compared to an industrywide net profit of $US575 million in the fourth quarter of 2007.