Wisconsin’s 119 state-chartered banks continued to exhibit solid financial performance through June 30 according to data released by the Wisconsin Department of Financial Institutions (DFI).
At the end of the second quarter, total assets for Wisconsin’s state-chartered banks stood at $68.0 billion, up from $66.8 billion reported June 30, 2023. The net interest margin decreased to 3.15% compared to 3.27% in June 2023. Net loans increased 3.91% to $49.9 billion, up by $1.9 billion over the same time.
In the 12 months ending on June 30, 2024:
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The capital ratio remained satisfactory at 9.99%, an increase from 9.61% in June 2023;
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The past due ratio increased to 0.83% from 0.54% in June 2023;
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Net operating income increased to $325.0 million compared to $320.5 million in June 2023;
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The return on average assets ratio was 0.96%, unchanged from June 2023; and
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Bank liquidity remained satisfactory with only a slight increase in the loans to assets ratio at 73.35% compared to 71.80% in June 2023.
