LAONA - Only one in twenty banks in Wisconsin lost money in the first half of 2014.
Industry leaders see that as a sign of success and progress.
Those numbers had been worse over the past few years, especially during the recession.
Wisconsin banks made about a half-billion dollars in the first six months of the year.
Their total assets were above $100-billion.
"About 95% of the banks in Wisconsin are profitable, which is a great sign that we are healthy and ready and willing to make any loans that consumers want," said Wisconsin Bankers Association President Rose Oswald Poels.
Part of bank success lately has been driven by lending to businesses.
Commercial loans in the first half of this year were up 12% compared to the same span last year.
"That is a great sign that the economy is improving and people are willing to borrow more money and expand their businesses or start a new business," Oswald Poels said.
We spoke to her at an event in Laona Thursday.