Wisconsin Banking Update
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Bank Mutual Reports 2nd Quarter Earnings
Posted on July 24th, 2010 No commentsBank Mutual Corp. reported net income of $731,000, or 2 cents per share, for the second quarter, compared with net income of $3.8 million, or 8 cents per share, for the same period a year ago. Michael Crowley Jr., chairman, president and CEO, said lower earnings were the result of low interest rates and weakness in the commercial real estate market, the Green Bay Press-Gazette reported.Leave a reply