"Is It Safe?" is a feature by TheStreet.com Ratings that looks at a company's risk-and-reward potential. Find out if your stocks are safe Tuesday and Thursday mornings at 4.Marshall & Ilsley ( MI) reported a smaller second-quarter loss than many analysts had expected, but mounting loan charge-offs, weak revenue and the company's dour outlook point to continued losses. The Milwaukee, Wis.-based holding company last Friday reported a loss of $139 million, or 50 cents a share, narrower than the Thomson Reuters analyst consensus of 69 cents. The shares dove 12% on the news, on a day when the S&P 500 Financials Index was down just 1%. The loss included $25 million in dividends on preferred shares sold to the Treasury in November, when Marshall & Ilsley, or M&I, received a $1.7 billion capital infusion via the Troubled Asset Relief Program, or TARP. The bank also paid $18 million for a special assessment by the Federal Deposit Insurance Corp. that the agency collected from all domestic banks and thrifts. Chief Executive Mark Furlong said: "We remain committed to ensuring M&I emerges from this cycle in a position of strength and believe we are continuing to make progress toward our goal of returning to profitability." Several large holding companies that received TARP money have already repaid the Treasury, including JPMorgan Chase ( JPM), Goldman Sachs ( GS), Morgan Stanley ( MS) and U.S. Bancorp ( USB). While M&I isn't in a position to return TARP money anytime soon, the company raised $552 million in common equity in May, and reported that its tangible common equity ratio increased to 7.3% as of June 30, from 6.4% in March. Nonperforming assets stood at $2.87 billion as of June 30, or 4.81% of total assets, up from 3.94% the previous quarter and 1.92% a year earlier.