The Baraboo Bancorporation -- First Half of Year Earnings Summary
July 15 2008 - 6:00AM
Marketwired
BARABOO, WI announced earnings per share of $0.904 for the six
months ended June 30, 2008 compared to June 30, 2007 earnings per
share of $0.849, an increase of 6.47%. Net Income for the first six
months of 2008 was $4,257,000 compared to $4,170,000 for the same
period one year earlier. Total assets were $787,000,000 as of June
30, 2008 compared to $752,000,000 on June 30, 2007.
Merlin E. Zitzner, CEO and Chairman of the Board of the Baraboo
Bancorporation, Inc., stated that "The earnings per share for the
first six months of the year increased by 6.47% over the same
period last year because of an increase in net interest income,
non-interest income, and the repurchase of The Baraboo
Bancorporation, Inc. stock. The Baraboo Bancorporation, Inc.
continues to increase earnings and shareholder value by offering
the customer excellent service at a reasonable price."
The Baraboo Bancorporation, Inc. is a Wisconsin multi-bank
holding company, offering complete banking and related financial
services to both individual and business customers. The company
owns and operates two independent community banks with a total of
16 locations in Baraboo, Portage, Reedsburg, Green Lake, Lake
Delton, Rock Springs, Viroqua, Wonewoc, Elcho, Rhinelander and Fond
du Lac, Wisconsin.
Howe Barnes Hoefer & Arnett, Inc. (1-800-800-4693) makes a
market in BAOB stock. If you need additional information about the
company you can visit the website at www.baraboobancorp.com.
Contact: Lisa McClyman 608-356-7703
Baraboo Bancorp (PK) (USOTC:BAOB)
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