Local business briefs News-Chronicle Green Bay Johnson, Capital banks to merge The chairmen of Johnson Bank of Racine and Capital Bank of Green Bay Wednesday announced plans to merge the two banks by October. Nine-year-old Capital Bank will assume the Johnson Bank name. The companies said Capital's staff and board of directors would be retained. Johnson is the largest privately held bank in Wisconsin, with 33 offices. Capital Bank has two locations: 840 Main Ave. in De Pere and 455 Riverdale Drive in Hobart. Bank Mutual reports earnings Bank Mutual Corp., the parent company of First Northern Savings Bank of Green Bay, Wednesday reported earnings of $7 million or 32 cents diluted earnings per share for the second quarter of 2002, a 37 percent increase in earnings and 33 percent increase per share over the same period a year ago. Earnings for the six months ended June 30 were $13.3 million or 61 cents per diluted share. Bank Mutual, based in Milwaukee, operates First Northern as well as Mutual Savings Bank.