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BANDO McGLOCKLIN REPORTS FISCAL 1992 RESULTS; DECLARES REGULAR 22 CENT PLUS SPECIAL 4 CENT DIVIDENDS

 BANDO McGLOCKLIN REPORTS FISCAL 1992 RESULTS;
 DECLARES REGULAR 22 CENT PLUS SPECIAL 4 CENT DIVIDENDS
 BROOKFIELD, Wis., July 30 /PRNewswire/ -- Bando McGlocklin Capital Corporation (NASDAQ: BMCC) today announced results for its fiscal year ended June 30, 1992.
 Net operating income climbed to $2,394,402, a 21.4-percent increase over the fiscal 1991 figure of $1,971,622. Net operating income per share for the 12 months rose to 87.8 cents from the previous record high of 80 cents a year earlier, a 9.8-percent increase.
 For the previous 12 months, total operating income declined 12.7 percent to $8,512,687 compared to $9,747,727 for the similar period a year earlier.
 Total loans for business development grew to $84,872,455 on June 30, 1992, as compared with total loans of $79,657,558 on June 30, 1991, a 6.5-percent increase.
 For the fourth quarter, total operating income declined to $1,982,085, a 13.3-percent decrease from the same period a year earlier of $2,286,197. Quarterly net operating income also declined 13.9 percent to $513,681, compared to $596,396 during the same period in 1991.
 Net operating income per share for the quarter dropped to 18.7 cents, a 15.4-percent declined for the period compared with 22.1 cents per share during fiscal 1991. The weighted average number of common shares outstanding for the fourth quarter was 2,745,589 for fiscal 1992 vs. 2,694,253 for fiscal 1991.
 The board of directors declared a regular quarterly cash dividend equal to 22 cents per share payable on Aug. 15, 1992, to shareholders of record on Aug. 5, 1992. In addition, the board declared a special dividend equal to 4 cents per share also payable on Aug. 15, 1992, to shareholders of record on Aug. 5, 1992. The special dividend is the result of converting from a cash to an accrual basis of accounting in 1989.
 BANDO McGLOCKLIN CAPITAL CORPORATION
 Condensed Comparative Financial Data
 As of June 30 1992 1991
 Total loans $84,872,455 $79,657,558
 Total assets 90,436,481 88,917,982
 12 months ended June 30
 Total operating income 8,512,687 9,747,727
 Interest expense 4,849,892 6,531,538
 Other operating expenses 1,268,393 1,244,567
 Total operating expenses 6,118,285 7,776,105
 Net operating income 2,394,402 1,971,622
 Net operating income
 per share .878 .800
 Weighted shares outstanding 2,727,782 2,464,527
 Since the firm's IPO on May 13, 1987, through June 30, 1992, the total average annual rate of return on investment was 44.78 percent. For additional perspective regarding return, the total annual compounded rate of ROI was 25.06 percent for the period from Sept. 30, 1980, through June 30, 1992.
 The calculation of total ROI is based upon cash dividends, the reinvestment of cash dividends through the firm's Dividend Reinvestment Plan, and capital appreciation.
 In commenting on the results for the year, Chairman and Chief Executive Officer George R. Schonath said: "We are pleased to report yet another successful year for the company -- our 12th. Loan demand remains very good, and we are excited about our new funding alternatives. We strongly believe that we've laid the groundwork for an exciting, new cycle of growth for the company."
 The Bando McGlocklin 1992 Annual Report will be mailed to shareholders on Aug. 31.
 Founded in 1980, Bando McGlocklin Capital Corporation provides long- term secured loans to finance the growth and development of small businesses, and is a Federal Licensee under the Small Business Investment Act of 1958.
 -0- 7/30/92
 /CONTACT: Cynthia Garland of Garland Public Relations, 414-238-1788, for Bando McGlocklin/
 (BMCC) CO: Bando McGlocklin Capital Corporation ST: Wisconsin IN: FIN SU: ERN DIV


ML -- DE005 -- 4960 07/30/92 09:23 EDT
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Date:Jul 30, 1992
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