Wisconsin Banking Update
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Blackhawk Reports 28% Earnings Increase
Posted on July 26th, 2010 No commentsBeloit-based Blackhawk Bancorp Inc. increased earnings 28 percent in the second quarter as net interest income grew and the firm focused on expense control, according to the company. The parent company of Blackhawk Bank posted a profit of $664,000, or 23 cents a share, compared with $519,000, or 17 cents, in the second quarter of 2009, the Milwaukee Journal Sentinel reported.