PROBLEM BANK LIST SHRINKS: The number of troubled banks tracked by the Federal Deposit Insurance Corp. fell in the April-June quarter to 865. It was the first quarterly drop in five years.
SLOWING EARNINGS GROWTH: The banking industry earned $28.9 billion in the second quarter. That was the eighth straight quarterly increase. But it was also the smallest gain in the past seven quarters.
MIXED SIGN: The mixed data suggest the industry is making gradual progress but still feeling the effects of the weak economy.