Wisconsin Banking Update
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Refinancings Boost Blackhawk Profits
Posted on February 17th, 2011 No commentsThe profits of Beloit-based Blackhawk Bancorp Inc. increased 52 percent in the fourth quarter on revenue from mortgage refinancing and an improved net interest margin. The company had net income of $886,000, or 33 cents a share, up from $582,000, or 19 cents, in fourth quarter 2009, the Milwaukee Journal-Sentinel reported.Leave a reply