WILMINGTON, Del. – MBNA Corp., the credit card company being acquired by Bank of America Corp. for $35 billion, on Monday reported its second-quarter profit fell, hurt by a restructuring charge.

Quarterly profit declined to $632.1 million, or 50 cents per share, from $660.3 million, or 51 cents per share, during the year-ago period. Excluding a $14.4 million restructuring charge, MBNA would have reported earnings of $646.8 million, or 51 cents per share.

On average, analysts polled by Thomson Financial expected earnings of 49 cents per share on revenue of $3.64 billion.

Wilmington-based MBNA, the world’s largest independent credit card issuer, has about 3,000 employees in Maine, nearly 2,000 of whom work in Belfast.

The company said total volume rose 9.6 percent to $57 billion. Cash advance volume spiked 9.2 percent to $20.1 billion.

However, the increase seen in cash volume during the quarter might lower net interest margin during the second half. MBNA said a bulk of this growth came from the issuance of low introductory rates in its U.S. card marketing efforts – and that could reduce net interest margins going forward.

Bank of America announced last month it will acquire MBNA in a $35 billion cash-and-stock deal that will result in 6,000 job cuts but transform the third-largest U.S. bank into one of the world’s largest credit card issuers. The Charlotte, N.C.-based bank reported Monday that its second-quarter earnings rose 12 percent from last year, driven by growth in card income and service charges.