Baylake Bank. Helping Build the Good Life.

BAYLAKE CORP. DECLARES DIVIDEND

Sturgeon Bay, Wisconsin –(PR Newswire) – July 17, 2007

Baylake Corp. (OTC BB: BYLK) announced that its Board of Directors on July 17, 2007 declared a quarterly dividend of $0.16 per share on the Company’s common stock. This is the 112th consecutive quarterly dividend paid by Baylake Corp. The dividend is payable on September 17, 2007 to shareholders of record on September 4, 2007.

Baylake Corp., the holding company for Baylake Bank, serves Northeast and Central Wisconsin from 28 community financial centers throughout Brown, Door, Green Lake, Kewaunee, Manitowoc, Outagamie, Waupaca and Waushara Counties.



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