Wisconsin

Bank Mutual Corp. in Milwaukee reported a loss of $51.4 million for the second quarter, largely stemming from a $52.6 million goodwill impairment charge.

The $22 billion-asset company reported net income available to shareholders of $25.6 million, compared to $15.4 million in the first quarter and a net loss of $10.2 million a year earlier.

The Federal Reserve on Thursday announced that it had entered into a written agreement with a banking company while also disclosing the termination of a prior order.

The struggling Anchor BanCorp Wisconsin reported a loss of $21.7 million for the quarter that ended March 31, narrowing losses by 27% from a year earlier.

Despite pleas by the credit union lobby, Gov. Scott Walker signed a state budget bill with a measure making it easier for credit unions to convert to banks.

The Federal Reserve announced Tuesday that it has approved Bank of Montreal's application to acquire Marshall & Ilsley Corp. of Milwaukee, clearing the way for the deal to close July 31.

Wisconsin credit unions are urging Gov. Scott Walker to strike a provision from the state's budget that would allow state-chartered credit unions to more easily convert to banks.

Johnson Bank in Racine, Wis., has a new chief executive officer for the second time in less than six months.

The $3.6 billion-asset thrift company said this week that its lender, U.S. Bank, has given it another six months to repay a $116.3 million loan that was due to be paid off May 31.

The Federal Reserve on Thursday released information on written agreements with five banking companies.

Bank Mutual Corp. in Milwaukee returned to the black with first-quarter earnings of $1 million, after it reported a $76.4 million loss in the fourth quarter tied to a balance sheet restructuring.

Associated Banc-Corp in Green Bay, Wis., has repaid half of the $525 million it obtained from the Troubled Asset Relief Program.

Regulators shuttered The First National Bank of Davis, a $90 million-asset institution in Oklahoma, and the $190 million-asset Legacy Bank in Milwaukee. The two closures brought the year's toll to 25.

Blackhawk Bancorp Inc. of Beloit, Wis., reported a 52% increase in fourth-quarter earnings from a year earlier as an improved net interest margin offset higher credit costs.

Four failed-bank deals announced Friday evening marked another successful night for private equity.

Anchor BanCorp Wisconsin Inc. in Madison said it had managed to keep its thrift adequately capitalized at yearend. The $3.6 billion-asset company reported a $14 million fiscal third-quarter loss late Monday, narrowing its loss by 4% in the period that ended Dec. 31, from a year earlier.

The Federal Reserve Board reached written agreements with five community banks Thursday.

Several banks rushed to repay investments under the Troubled Asset Relief Program in December, but hundreds head into the new year desperate for an exit strategy, even if it means selling.

Anchor BanCorp in Madison, Wis., has regained compliance with Nasdaq listing requirements after its stock price rose in recent weeks.

The Federal Reserve Board has entered into written agreements with four community banks and their holding companies.