On Wednesday the Treasury Department in its most recent monthly survey reported a larger decrease in bank lending rate to consumers.
This decline happened despite the billions of dollars in government support the banks received.
The Treasury Department said the nation's biggest banks showed nine reported increases and 12 posted declines, the Associated Press reported.
The median, or midpoint, for lending activity dipped 2.2 percent in February.
While the median level of activity in mortgage lending rose 35.4 percent and home equity lines of credit grew 17.7 percent, lending to businesses for commercial and industrial loans plunged 47 percent.
Against a difficult economic backdrop, banks extended approximately the same level of loan originations in February as January, the Treasury report said. The relatively steady overall lending levels observed in February likely would have been lower absent the capital provided by Treasury.
The findings on loan levels were based on reports filed by the top 21 recipients of rescue money from the government's $700 billion bailout fund.
The government has been criticized for not doing enough to ensure the money banks receive is correctly allocated for its intended purpose of resuming more normal lending to businesses and consumers.