Sturgeon Bay, WI (WTAQ) – A bank that’s prominent in northeast Wisconsin had a seven-percent jump in its first-quarter earnings.
Baylake Corporation of Sturgeon Bay reports a net income of two-point-two million dollars for January through March, up from two point-one-million the same quarter of 2014.
Stockholder earnings rose from 23-cents a share last year to 24-cents in the most recent quarter.
C-E-O Robert Cera cited balanced revenues from an expanded line of services and products in treasury services, wealth management, and commercial banking.
Baylake Bank has branches in Door, Brown, Outagamie, and Kewaunee counties.