First Business Bank has reported its second quarter results, revealing that the bank’s private wealth assets grew to $3.249 billion, up $341.5 million, or 11.7 percent, from the previous year.
The bank also raised its private wealth fee income to a record $3.5 million, up 19.6 percent from June 30, 2023, and increased its commercial real estate loans by $35.6 million, or 8.2 percent annualized, to $1.775 billion, primarily due to an increase in construction and multi-family loans in the Wisconsin markets.
To read the full report from First Business Bank’s second quarter, click here.
