| Business Summary | | Baylake
Corp.
is
a
registered
bank
holding
company
that
is
primarily
engaged
in
indirectly
holding
the
stock
of
Baylake
Bank
(the
Bank).
The
Bank
conducts
its
community
banking
business
through
25
financial
centers
located
throughout
northeast
Wisconsin,
in
the
counties
of
Brown,
Door,
Green
Lake,
Kewaunee,
Manitowoc,
Outagamie,
Waupaca
and
Waushara.
The
Bank
offers
a
full
range
of
financial
services
primarily
to
small
businesses
and
individuals
located
in
its
market
area.
The
financial
services
of
the
Bank
include
traditional
banking
products,
such
as
demand
deposit
accounts,
various
savings
account
plans,
certificates
of
deposit,
and
real
estate,
consumer,
commercial/industrial
and
agricultural
loans.
Additional
services
include
transfer
agency,
personal
and
corporate
trust,
insurance
agency,
brokerage,
financial
planning,
cash
management
and
electronic
banking
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Baylake
Corp.
is
a
bank
holding
company
for
Baylake
Bank,
a
state
chartered
bank
with
22
branches
in
WI.
For
the
six
months
ended
6/01,
total
interest
income
rose
16%
to
$30.5
million.
Net
interest
income
after
loan
loss
provision
rose
7%
to
$12.3
million.
Net
income
rose
2%
to
$3.4
million.
Net
interest
income
reflects
a
higher
volume
of
earning
assets,
partially
offset
by
a
higher
cost
of
funds.
Net
income
was
partially
offset
by
increased
personnel
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Herlache, 58 Chairman,
Pres, CEO | $464K | Richard Braun, 58 Vice
Chairman, Exec. Vice Pres | -- | Steven Jennerjohn, 47 CFO,
Treasurer | -- | Daniel Hanson, 44 Sr.
VP-Operations Division | -- | Paul Wickmann, 49 VP | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|