MADISON - Wisconsin Bank & Trust reported $2.54 million in net income for the first quarter, an 18-percent increase over last year and a record for one quarter.
The bank has 10 offices statewide, including in Green Bay, where bank president Kevin Tenpas is located.
Assets at quarter's end totaled $651.3 million, up from $491.7 million in the first quarter of 1012. Loans and leases totaled $445.9 million, a 31-percent increase quarter to quarter. Non-peforming loans decreased to $3.9 million from $7.5 million.
Wisconsin Bank acquired First National Bank of Platteville in late 2012. It announced it will open mortgage lending offices in Green Bay and Madison this year.