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Special Weather Statement issued May 29 at 5:10PM PDT until May 29 at 6:00PM PDT by NWS

...SIGNIFICANT WEATHER ADVISORY FOR SOUTHWESTERN DOUGLAS AND SOUTH CENTRAL CHELAN COUNTIES UNTIL 600 PM PDT... AT 509 PM PDT...DOPPLER RADAR WAS TRACKING A STRONG THUNDERSTORM 7 MILES SOUTHWEST OF SOUTH WENATCHEE...OR 9 MILES SOUTH OF WENATCHEE... MOVING NORTHEAST AT 20 MPH. DIME TO NICKEL SIZE HAIL...TORRENTIAL DOWNPOURS...AND WINDS IN EXCESS OF

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U.S. banks report stronger profits and more lending

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WASHINGTONU.S. banks are enjoying their best profits in six years and are lending a bit more freely. The gradual improvement suggests that the industry will sustain its healing from the worst financial crisis in decades and help strengthen the economy.

The industry earned $37.6 billion from July through September — a 6.6 percent increase from its earnings in same quarter last year. For the first time since 2009, the stronger earnings were due mainly to higher revenue rather than to less money set aside by the banks to cover losses, data issued by the Federal Deposit Insurance Corp. showed Tuesday. And loans to consumers rose nearly 1 percent from the July-September period of 2011.

Some of the largest banks are cautioning, though, that their earnings are up mostly because they’ve sold less-profitable businesses, shed bad loans and trimmed jobs — not because of a more vibrant economy.

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