The Wisconsin Bankers Association announced Tuesday that the latest FDIC data shows state banks increased lending during the third quarter to more than $73 billion, a 5.2% increase.
Wisconsin’s banks saw an increase in commercial lending, from $12.3 billion to $13 billion over the year, also a 5.2% increase. Consumer confidence grew as indicated by a 4.2% increase in residential loans from $21.7 billion to $22.6 billion. Noncurrent loans and leases shrank 24.3% from $1 billion to $830 million.
