SOURCE: The Baraboo National Bank

July 12, 2005 14:46 ET

The Baraboo Bancorporation - First Half of Year Earnings Summary

BARABOO, WI -- (MARKET WIRE) -- July 12, 2005 -- The Baraboo Bancorporation, Inc. (OTC BB: BAOB) announced earnings per share of $0.73 for the six months ended June 30, 2005. This represents an 8.07% increase over the $0.67 earnings per share during the first six months of 2004. Net Income for the first six months of 2005 was $3,785,000 compared to $3,502,000 for the same period one year earlier.

Merlin E. Zitzner, CEO and Chairman of the Board of the Baraboo Bancorporation, Inc., stated that "The net income for the first six months of the year increased by 8.07% 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."

The gross loan balance as of June 30, 2005, was $562,909,000 compared to the June 30, 2004, balance of $537,672,000. Total assets were $659,900,000 as of June 30, 2005, compared to $634,588,000 on June 30, 2004.

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

Howe Barnes Investments, 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

The selected unaudited consolidated financial information was prepared in accordance with regulatory accounting principals, which may differ in some cases from GAPP accounting principals used to prepare the audited consolidated financial statements. The results are for the third quarter of the year and are not necessarily indicative of the results for the entire year. This financial information is subject to normal audit adjustments.

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