Wisconsin Banking Update
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Baylake Corp. Posts 4th Quarter Profit
Posted on January 25th, 2010 No commentsBaylake Corp., the Sturgeon Bay-based parent company of Baylake Bank, posted a profit of $678,000 for the fourth quarter of 2009, a turnaround from its net loss of $9.9 million the year before. Earnings were 9 cents per share, compared with the net loss of $1.25 per share, in fourth quarter 2008, according to the Milwaukee Business Journal.
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