About


Banconomics provides community bankers with essential economic data and research to support public and private decision-making.

The Banconomics website fills the need for Wisconsin banking indicators presented in an easy-to-access yet comprehensive format for community bankers, public officials, reporters and industry leaders.

The financial data and research found on the Banconomics website is fueled by the quarterly release of FDIC banking reports including metrics on profitability, assets quality and liquidity. Our visitors will also find additional, timely information contributed by economic and business experts for Wisconsin’s bankers.


The Banconomics website was created and maintained by the Wisconsin Bankers Association and Wisconsin Bankers Foundation.


Banconomics Advisory Board


Michael Stoetzel, CPA
Mike has extensive experience providing accounting, auditing, tax, and management advisory services to banks and credit unions. Specifically, he is experienced in supervising audits, directors’ examinations, and compliance projects of various sized banks. In addition, he also has experience coordinating the internal audit and loan review functions of multi-bank holding companies. Mike has been involved with several de novo projects in Wisconsin and has consulted with banks on mergers and acquisitions. His tax experience includes S Corporations including those with ESOP’s. In this role, he has developed a solid understanding of the challenges and opportunities facing banks.

Thomas Danielson, CPA
Tom is a principal in the firm’s financial institutions group, specializing in banking matters. He began his accounting career with CliftonLarsonAllen in 1982 and became a principal in 1991. For more than 30 years, Tom has provided audit, tax, and consulting services for community bankers. From 1997 until 2008, Tom was a successful self-employed CPA, concentrating on serving community banks. He rejoined CliftonLarsonAllen in 2008.

Tom routinely consults with bankers in the areas of mergers and acquisitions, loan review, capital planning, regulatory assistance, policy development, strategic planning, and internal audit assistance. Tom also has a wide range of experience with fraud and embezzlement investigations. Tom currently teaches bank internal auditing and loan review for the Independent Community Bankers of America.

David Braden, CPA
David Braden is an assurance manager at CliftonLarsonAllen LLP in Milwaukee. David specializes in external and internal auditing, accounting, and consulting services for a variety of clients in the financial services industry.  David began his career with CliftonLarsonAllen in 2009, and has 8 years of experience working with financial institutions.  David is a member of CLA’s Internal Audit Leadership Committee, as well as the CECL Implementation Committee.


Michael Semmann
Michael Semmann is the Executive Vice President and Chief Operations Officer for the Wisconsin Bankers Association, a non-profit trade association representing Wisconsin’s banking industry and serving bankers throughout the Midwest. He is a Co-Founder of Advancing AI Wisconsin and acts as an industry representative before all levels of Wisconsin government, advising trade groups, policymakers, and opinion leaders on a wide range of banking issues, from workforce development to housing. Semmann worked to develop and advance intrastate online securities platform operations and investment opportunities for Wisconsin domiciled companies and residents through his work on the CASE Act in Wisconsin, which was created to leverage the federal JOBS Act. In his position as Executive Director of the Wisconsin Bankers Foundation, he has overseen the creation of a financial education platform called MyMazuma.com. A native of Wisconsin, he holds a degree in Economics from the University of Wisconsin – Madison and aspires to bring practical applications from emerging technology to businesses.

Daryll Lund
Daryll J. Lund re-joined the Wisconsin Bankers Association after 20+ years in March 2015 assuming the position of Executive Vice President & Chief of Staff. Lund is responsible for oversight and management of WBA’s education and member relations departments, government relations efforts primarily at the federal level, serving as a spokesperson with the media and other outside groups, and playing a key role in fostering effective working relationships with the membership and other organizations both within and outside of the State. In addition, Lund serves as the President of the Midwest Bankers Insurance Services (MBIS), a joint insurance agency of the WBA and the Minnesota Bankers Association specializing in designing and securing programs specifically for community banks in the Midwest.

Lund received his Master’s degree from UW-Platteville where he also served as a Lecturer in Agricultural Economics and a Bachelor’s degree from UW-Madison. In addition, he has earned the Certified Association Executive (CAE) designation from the American Society of Association Executives.

For more information, please contact Michael Semmann at (608) 441-1200.

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