Wisconsin’s state-chartered banks reported a mostly strong financial performance through the second quarter of 2020, but there are some weak spots, according to data recently released by the Federal Deposit Insurance Corporation (FDIC) and the Wisconsin Department of Financial Institutions (DFI).
As of June 30, 2020, key financial indicators for Wisconsin’s 139 state-chartered banks include:
- Total assets increased 8.5%;
- Net income increased by 2.02%;
- Total interest income decreased by 7.24%; and
- Capital ratio of 11.02% in the second quarter 2020 decreased from the 11.94% reported on June 30, 2019.
