<ARTICLE> 9
<CIK> 0000275119
<NAME> BAYLAKE CORP

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                          19,984
<INT-BEARING-DEPOSITS>                             342
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    129,437
<INVESTMENTS-CARRYING>                          18,541
<INVESTMENTS-MARKET>                            18,449
<LOANS>                                        433,821
<ALLOWANCE>                                      8,216
<TOTAL-ASSETS>                                 632,914
<DEPOSITS>                                     502,290
<SHORT-TERM>                                    77,602
<LIABILITIES-OTHER>                              6,616
<LONG-TERM>                                        264
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        18,677
<OTHER-SE>                                      27,465
<TOTAL-LIABILITIES-AND-EQUITY>                 632,914
<INTEREST-LOAN>                                 27,785
<INTEREST-INVEST>                                6,366
<INTEREST-OTHER>                                   239
<INTEREST-TOTAL>                                34,390
<INTEREST-DEPOSIT>                              14,556
<INTEREST-EXPENSE>                              17,089
<INTEREST-INCOME-NET>                           17,301
<LOAN-LOSSES>                                      538
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                 12,976
<INCOME-PRETAX>                                  7,034
<INCOME-PRE-EXTRAORDINARY>                       7,034
<EXTRAORDINARY>                                      0
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<NET-INCOME>                                     4,932
<EPS-BASIC>                                       1.33
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<YIELD-ACTUAL>                                    8.46
<LOANS-NON>                                      9,234
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                 3,836
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                11,035
<CHARGE-OFFS>                                    4,270
<RECOVERIES>                                     1,812
<ALLOWANCE-CLOSE>                                8,216
<ALLOWANCE-DOMESTIC>                             8,216
<ALLOWANCE-FOREIGN>                                  0
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