Wisconsin Banking Update
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Earnings Continue Decline at Bank Mutual
Posted on October 21st, 2010 No commentsEarnings fell about 26 percent for Bank Mutual Corp. in the third quarter as the banking firm beefed up reserves for potential bad debt and saw its interest income from loans decline. The Brown Deer parent company of Bank Mutual had net income of $926,000, or 2 cents a share, compared with more than $1.2 million, or 3 cents, in third quarter 2009. Read the Milwaukee Journal Sentinel article.Leave a reply