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During the first quarter of 2021, First Business Bank delivered record earnings, reflecting double-digit loan growth, higher fee income, and strong credit quality. At the same time, we continued to execute on our strategic plan and invest in our Specialty Finance and early stage business lines to support their growth, scalability, and future earnings potential.

First quarter 2021 net income was a record $9.7 million, up 60% from the fourth quarter and more than two times greater than this time last year, as our active focus on asset quality improvement led to a provision benefit in the period. We also generated strong top line revenue, which is the sum of net interest income and non-interest income, of $28.1 million during the quarter, up 20% from last years first quarter.

 

 

 

NOTICE

Consumer Bill Payment clients may see a one-time pop up message when accessing the Bill Payment section of Online Banking informing you about heightened Virtual Card payment security.

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NOTICE

Access to our Remote Deposit Capture system is intermittently unavailable; users may not be able to access it at this time. We are working to restore access as possible. If you have questions, please contact us at:

  1. Wisconsin Region: 608-232-5938
  2. Kansas Region: 913-717-6464