Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
-
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.
Leave a reply