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Blackhawk Bancorp Q3 income dips 7% YoY.

BANKING AND CREDIT NEWS-October 28, 2016-Blackhawk Bancorp Q3 income dips 7% YoY

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Blackhawk Bancorp, Inc. (OTCQX: BHWB) reported third quarter 2016 net income of USD1,056,000, a 7% decrease from the USD1,129,000 earned in the third quarter of 2015, the company said.

Fully diluted earnings per share for the third quarter was USD0.46 compared with USD0.51 cents a share earned in the third quarter of 2015.

Blackhawk Bancorp is headquartered in Beloit, Wisconsin and is the parent company of Blackhawk Bank, which operates eight banking centers in south central Wisconsin and north central Illinois, along the I-90 corridor from Belvidere, Illinois to Janesville, Wisconsin.

Blackhawk's locations serve individuals and small businesses, primarily with fewer than 200 employees. The company offers a variety of value-added consultative services to small businesses and their employees related to the financial products its provides.

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:1U3WI
Date:Oct 28, 2016
Words:163
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