Ulster Bank has reported its profits are down by almost a fifth to €122m.
However, it is not all bad news as it has also seen a 47% rise in mortgage lending.
Ulster Bank's operating profit for the first half of 2016 has shown a 17% decline in the same period last year - it came to £122m (€143.8m).
It reported a net decrease in the value of its stated capital of £27m.
During the second quarter, Ulster Bank set aside a €118m provision linked to a on-going tracker mortgage investigation.
It experienced a 47% in mortgage drawdowns as it grew its market share to 18%.