Anthony Jovanovich, chairman and chief executive officer of Community Banc-Corp. of Sheboygan Inc., announced that Community Bank & Trust posted record earnings of $5.0 million for 2012.
Jovanovich said that between core earnings and partial recovery of their deferred tax asset for both the bank and the bank’s holding company, combined earnings for Community Banc-Corp. of Sheboygan Inc. were $3.3 million.
The Sheboygan-based bank has 11 offices from Milwaukee to Appleton with assets of more than $540 million.
