Record year: Community Bank’s Chilton office
The staff at Community Bank & Trust in Chilton are (from left) Denise Bangart, Julie Schmitz, Judy Mathes, Ed Schultz, Heidi Kautzer, Kourtney Tyson, Tami Goeser and Donna Schad. Staff members Kaye Radder and Don Winkler are not shown.

Last year was more than a good year for Community Bank & Trust—it was a record year.

Anthony L. Jovanovich, chairman and chief executive officer of Community Bank-Corp. of Sheboygan, Inc., announced recently that Community Bank & Trust posted record earnings of $5 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 Bank-Corp. of Sheboygan, Inc. were also strong at $3.3 million.

Community Bank & Trust, which is headquartered in Sheboygan, has 11 offices in Wisconsin and assets over $540 million. The greater Calumet County area is served by offices in Chilton and Elkhart Lake, but as always, a customer of Community Bank & Trust can do business at any of its offices—from Appleton to the Milwaukee area and points in between.

Ed Schultz, president at Community Bank & Trust’s Chilton office, said the bank’s expertise in Small Business Administration lending (SBA) has been a significant factor in their success over 2012.

Community Bank & Trust specializes in SBA guaranteed loans and has been consistently recognized as one of the top two SBA lending banks in Wisconsin. The bank is designated as both a Preferred and Express lender with the SBA, which allows it to underwrite small business loans quickly and efficiently. Businesses which benefit from SBA guaranteed loans include business startups and businesses wanting to expand.

While SBA loans are a big part of the success of Community Bank & Trust they do not tell the whole story. In addition to small business lending, Community Bank is also a leader in residential lending. Continuing low mortgage interest rates have many clients still looking at refinancing and buying new homes.

Asked what he feels sets the bank apart from its competition, Schultz said, “I think it’s the higher than expected quality of customer service and the quick turnaround in decision making. Our authority is all local with our management involved in the process from the beginning.”

Schultz is quickly approaching his one-year anniversary at the Chilton office. “It has taken a little time for me to meet all of the customers, but our staff knows everyone in the community by name, which has been very helpful and fun. As a matter of fact, a good portion of our staff has been here since the office opened in 1989. I also appreciate the warm welcome I have received from a very supportive community. Being back in a smaller Wisconsin community brings back a lot of nice memories for me having grown up in northern Wisconsin’s Eagle River area.”

For more information about Community Bank & Trust stop in at 1265 E. Chestnut St., Chilton; call the Chilton office at 849-8888; or check out

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