Southport Bank in Kenosha, Wis., has a new leader.

The $269 million-asset bank has named Russ Weyers as its president and chief executive, according to the Milwaukee Business Journal. Weyers succeeded Tim Schadeberg, who left the bank last month.

Weyers previously led the Milwaukee commercial banking office for Taylor Capital. He has also been the president and CEO of Johnson Bank in Racine, Wis.

"The board and Southport's employees have worked hard to restore the bank's sound financial foundation and can now focus on delivering the best local service we can to our clients," Weyers said in a press release obtained by the Milwaukee publication. "Businesses and families in Kenosha value relationships and people who understand what makes this community unique."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.