Sunday, July 12, 2020

All 10 Wisconsin Banks Filing With the SEC Reported Total Pretax Income in the 1Q of 2020 Which Declined By 40% From the 1Q of 2019

From a review of Company SEC filings, I found 10 Banks headquartered in Wisconsin which filed their 1Q 2020 financial statements with the SEC.

The table below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for each of these 10 Wisconsin Banks.


  US US
GAAP GAAP
Pretax Pretax
Income Income
  (Loss) (Loss) Better
    First First (Worse)
Wisconsin Banks   Quarter Quarter %
All Cos Filing 1Q 2020 Financial Statements With SEC City HQs 2020 2019  Change
mils $ mils $
Associated Banc-Corp Green Bay                  56                109
Nicolet Bankshares Green Bay                  14                  14
Bank First Manitowoc                    9                    9
Waterstone Financial Wauwatosa                    8                    9
First Business Financial Services Madison                    4                    5
Citizens Community Bancorp Eau Claire                    4                    1
FFBW Inc Brookfield                    1                    0
1895 Bancorp of Wisconsin Greenfield                    0                  (1)
TEB Bancorp Wauwatosa                    0                  (0)
County Bancorp Manitowoc                  (6)                    5
Total all 10 Wiscomsin Banks                  90                151 -40%