More Wisconsin banks losing money
More than one-fifth of Wisconsin's banks lost money in the final quarter of last year, when the nation's financial crisis started to heat up.
The FDIC said the state's 283 banks had combined losses of $354 million from October-December compared to the same time a year ago.
A total of 62 banks lost money last quarter, while 221 others showed profits.
M&I, the state's largest bank, had the largest loss of more than $350 million.