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Associated Q1 Loss Totals $33.8M
Posted on April 22nd, 2010 No commentsGreen Bay, Wis.-based Associated Banc-Corp reported a first-quarter net loss to common shareholders of $33.8 million, or 20 cents per common share, compared with net income of $35.4 million, or 28 cents per share, for the same period a year ago, the Small Business Times of Milwaukee and the Business Journal reported.
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Blackhawk Reports Slight Decline in Profits
Posted on April 22nd, 2010 No commentsBeloit, Wis.-based Blackhawk Bancorp Inc. reported a slight decline in its first-quarter profit as mortgage-banking business decreased and more money was allocated to the loan-loss reserve to cover potential bad debt. The company had net income of $653,000 in the quarter, or 23 cents a share, down from $662,000, or 29 cents, a year earlier, the Milwaukee Journal Sentinel reported.
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Maritime Nears April 30 Regulatory Deadline
Posted on April 22nd, 2010 No commentsMaritime Savings Bank, based in West Allis, Wis., continues to try to find a buyer or sell assets to raise capital to meet an April 30 deadline. The bank, which has been under orders from regulators since last year to improve its financial condition, has not yet been granted an extension to solve its capital problems, according to the Milwaukee Journal Sentinel.