The number of banks in the Upper Midwest reporting losses increased substantially during the third quarter, to 611 banks from 452 at the end of the second quarter. Third quarter call report data published by the FDIC show 17.5 percent of the 3,480 banks in 14 Upper Midwest states reported losses for the quarter, compared to 12.9 percent of the banks reporting losses at the end of the second quarter. Banks in the Upper Midwest, however, are faring better than the industry as a whole across the nation.