The exceptional financial performance achieved in 2021 is a tribute to First Business Bank’s people, and specifically their ability to build deep and mutually beneficial client relationships, which create an annuity stream of sustainable and profitable growth for our Company.
In 2021, First Business Bank handily exceeded our double-digit annual loan growth goal, which we continue to target in 2022. Private Wealth management revenue and assets under management and administration grew even faster and hit all-time highs in 2021. In addition, the Company expanded its diverse sources of fee income, marked significant improvement in asset quality metrics, and more than doubled earnings per share over the year before.
