Wisconsin Banking Update
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Johnson Bank Reports $102M Q4 Loss
Posted on January 31st, 2011 No commentsRacine-based Johnson Bank lost $102 million in the fourth quarter – the bank’s largest quarterly loss ever – as more loans, primarily in Arizona, deteriorated amid a housing slump and slow economy. For all of 2010, Johnson Bank lost about $135.3 million, according to regulatory records. Read more in the Milwaukee Journal Sentinel.Leave a reply