SOURCE: The Baraboo National Bank

October 13, 2006 09:21 ET

The Baraboo Bancorporation Nine-Month Earnings Summary

BARABOO, WI -- (MARKET WIRE) -- October 13, 2006 -- The Baraboo Bancorporation, Inc. (OTCBB: BAOB) announced earnings per share of $1.18 for the nine months ending September 30, 2006 compared to September 30, 2005 earnings per share of $1.11, an increase of 6.30%. Net income for the first nine months of 2006 was $6,002,000 compared to $5,810,000 for the same period one year earlier.

Merlin E. Zitzner, CEO and Chairman of the Board of The Baraboo Bancorporation, Inc., stated, "The earnings per share for the first nine months of the year increased by 6.30% over the same period last year because of an increase in net interest income and non-interest income. The Baraboo Bancorporation, Inc. continues to increase earnings and shareholder value by offering the customer excellent service at a reasonable price."

Total assets were $704,443,000 as of September 30, 2006, compared to $671,775,000 as of September 30, 2005.

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 three independent community banks with 15 locations in Baraboo, Portage, Reedsburg, Green Lake, Lake Delton, Rhinelander, Rock Springs, Viroqua, Elcho and Wonewoc, Wisconsin.

Howe Barnes Investments, Inc. (1-800-800-4693) makes a market in BAOB stock.

Contact Information

  • Contact:
    Lisa McClyman
    608-356-7703