Wisconsin’s 119 state-chartered banks continued to exhibit sound financial performance through Sept. 30, according to data released by the Wisconsin Department of Financial Institutions (DFI).
At the end of the third quarter, total assets for Wisconsin’s state-chartered banks stood at $69.58 billion, up from $67.03 billion reported Sept. 30, 2023. The net interest margin declined slightly at 3.18% compared to 3.20% the prior year. Net loans increased by 4.15% to $50.4 billion, up by $2.0 billion over the same time.
In the 12months ending on Sept, 30:
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The capital ratio rose significantly to 10.28%, an increase from 9.44% in September 2023;
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The past due ratio increased to 0.88% from 0.62% in September 2023;
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Net operating income increased to $497.9 million compared to $460.5 million in September 2023;
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The return on average assets ratio rose slightly to 0.97% from 0.92% in September 2023; and
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Bank liquidity remained stable, with only a slight increase in the loans to assets ratio at 72.46% compared to 72.21% in September 2023.
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To learn more, read the DFI’s Bank Performance Indicator Report.
