Wisconsin Bank & Trust posts record net income

Madison-based Wisconsin Bank & Trust posted a record $2.54 million in net income for the first quarter of 2013, an 18% increase over the same period last year, when net income was $2.15 million. Total assets were $651.3 million for the quarter, compared to $491.7 million a year earlier. WB&T acquired First National Bank of Platteville in 2012 and is opening three dedicated mortgage lending offices in Madison, Green Bay, and Brookfield. WB&T is a subsidiary of Heartland Financial USA, Inc.