Net income was up 8.7% and total lending increased by 6.3% at Wisconsin’s state-chartered banks in the first half of 2015, compared to the same period of the previous year, according to data released by the Federal Deposit Insurance Corp.
In the two quarters ending June 30, 2015, Wisconsin’s 185 state-chartered banks:
- Grew net income to $251.0 million, up from $230.8 million.
- Increased total loans to $33.5 billion, up from $31.5 billion.
- Improved their capital ratio to 11.87%, up from 11.71%.
- Reduced their past due loan ratio to 1.71%, down from 2.19%.
