SOURCE: The Baraboo National Bank

July 12, 2007 09:36 ET

The Baraboo Bancorporation -- First Half of Year Earnings Summary

BARABOO, WI--(Marketwire - July 12, 2007) - The Baraboo Bancorporation, Inc. (OTCBB: BAOB) announced earnings per share of $0.849 for the six months ended June 30, 2007 compared to June 30, 2006 earnings per share of $0.768, an increase of 10.55%. Net Income for the first six months of 2007 was $4,170,000 compared to $3,919,000 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 six months of the year increased by 10.55% 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 $752,414,000 as of June 30, 2007 compared to $713,217,000 on June 30, 2006.

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 www.baraboobancorp.com.

Contact Information

  • Contact:
    Lisa McClyman
    608-356-7703