Wisconsin

Bank executives have faced relentless questions about their energy-sector exposure during fourth-quarter earnings calls this month, as oil has bobbed above and below $30 a barrel. They are taking more drastic actions to contain losses, but it still might not be enough.

Associated Banc-Corp in Green Bay, Wis., reported fourth-quarter earnings of $42.8 million, a 12.2% drop from a year earlier as the company set aside a significantly higher amount of money to address potential problems in its energy portfolio.

Fiserv in Brookfield, Wis., has agreed to buy the community financial services business of ACI Worldwide for $200 million in cash.

Mackinac Financial in Manistique, Mich., has agreed to buy First National Bank of Eagle River in Wisconsin.

The $22 billion-asset Winstrust said in a press release Thursday that it will pay $30 million in cash for the parent of the $125 million-asset Foundations Bank.

First Business Financial Services in Madison, Wis., said it has hired Edward Sloane Jr. to be its next chief financial officer.

Chris Bauer, who navigated Anchor BanCorp through bankruptcy and an IPO, will stay with Old National in an unspecified role. Old National, meanwhile, has added Wisconsin to the list of states where it is looking for acquisitions.

Old National Bancorp in Evansville, Ind., has agreed to buy Anchor BanCorp Wisconsin in Madison.

Associated Banc-Corp in Green Bay, Wis., will increase its fourth-quarter allowance for loan losses by $13 million to compensate for potential late payments or defaults on loans in its energy portfolio.

Johnson Financial Group in Racine, Wis., has agreed to buy the wealth management business of Cleary Gull Advisors.

KeySavings Bank in Wisconsin Rapids, Wis., has promoted a vice president to chief executive.

Calumet Bancorp. in Chilton, Wis., has agreed to buy Calumet Bancshares in Brillion, Wis.

The $2.5 billion-asset company will freeze pension benefits for the 10% of its workforce that still receive a pension.

Centre 1 Bancorp in Beloit, Wis., has agreed to buy Walworth State Bank in Wisconsin.

County Bancorp in Manitowoc, Wis., has agreed to buy Fox River Valley Bancorp in Appleton, Wis., for about $29 million.

County Bancorp in Manitowoc, Wis., has selected former Kimberly-Clark executive Kathi Seifert to be a director.

Chippewa Valley Bank in Winter, Wis., has agreed to buy most of the assets of State Bank of Drummond in Drummond, Wis.

Associated Banc-Corp in Green Bay, Wis., posted lower third-quarter profit, citing lower yields on earning assets.

Capital Commerce Bancorp in Milwaukee has raised more than $11 million through a private placement.

Nicolet Bankshares in Green Bay, Wis., has redeemed about half of its outstanding preferred stock in the Small Business Lending Fund.