Profits up at First Business

First Business Financial Services, parent of First Business Bank in Madison, reported profits of $3.1 million in net income (80 cents/share) for the second quarter ending June 30, compared to $1.6 million in income (60 cents/share) for the second quarter of 2012. Loans and leases increased $85 million compared to last year.

For the first six months of 2013, First Business posted $6.4 million in earnings ($1.62/share) compared with $3.8 million ($1.44/share) for the same period a year ago.