<ARTICLE> 9
<RESTATED> 
<CIK> 0000275119
<NAME> BAYLAKE CORP.
<MULTIPLIER> 1,000
<CURRENCY> U.S DOLLARS
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<EXCHANGE-RATE>                                      1
<CASH>                                           7,651
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     60,749
<INVESTMENTS-CARRYING>                          11,470
<INVESTMENTS-MARKET>                            11,951
<LOANS>                                        197,896
<ALLOWANCE>                                      2,619
<TOTAL-ASSETS>                                 289,084
<DEPOSITS>                                     242,774
<SHORT-TERM>                                     9,300
<LIABILITIES-OTHER>                              3,295
<LONG-TERM>                                          0
<COMMON>                                        12,270
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      21,445
<TOTAL-LIABILITIES-AND-EQUITY>                 289,084
<INTEREST-LOAN>                                  4,643
<INTEREST-INVEST>                                1,141
<INTEREST-OTHER>                                    21
<INTEREST-TOTAL>                                 5,805
<INTEREST-DEPOSIT>                               2,231
<INTEREST-EXPENSE>                               2,360
<INTEREST-INCOME-NET>                            3,445
<LOAN-LOSSES>                                       77
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                  2,308
<INCOME-PRETAX>                                  1,558
<INCOME-PRE-EXTRAORDINARY>                       1,079
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,079
<EPS-PRIMARY>                                      .44
<EPS-DILUTED>                                      .44
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                     0
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                    0
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0