On Air Now

Current Show

WSAU Feedback   8:00 AM - 9:00 AM

Call WSAU Feedback at 715-845-2155.

Show Info »

Upcoming Shows

Program Schedule »


Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI


Current Conditions(Wausau,WI 54403)

More Weather »
50° Feels Like: 50°
Wind: SSW 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip


Mostly Cloudy 70°


Scattered Thunderstorms 61°


Isolated Thunderstorms 70°


FDIC: Wisconsin's homegrown banks see profits rise

MADISON, WI (WTAQ) - More of Wisconsin's homegrown banks are making money, even though they have not loaned as much to home and business owners during the past year. 

The FDIC reported Tuesday that banks with Wisconsin headquarters made $743 million from January through September. That's 16 percent more than the same period last year. 

Less than five percent of banks lost money in the first three quarters of 2013, down from around 9 percent last year. 

Lending activity was down slightly, to $67.5 billion from January through September. However, banks have fewer bad loans. Non-current loans and leases total 2.01 percent of combined lending, down from 2.71 percent during the same period of 2012. 

Associated Bank, Wisconsin's largest homegrown bank based in Green Bay, had $50.5 million of net income from July through September. That's the highest in the state. 

Guaranty Bank of Brown Deer had the biggest loss, at $2.3 million.