Blackhawk Bank News Releases

Wondering what Blackhawk Bank has been up to? We keep you up-to-date on all things Blackhawk right here in one spot.  

2023

First Mid Bancshares, Inc. Completes Acquisition of Blackhawk Bancorp, Inc. (August 15, 2023)

First Mid Bancshares, Inc. (NASDAQ: FMBH) (“First Mid” or the “Company”) announced today that the acquisition of Blackhawk Bancorp, Inc. (“Blackhawk”) has been completed.

Blackhawk Bancorp Reports Second Quarter Results (July 21, 2023)

Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank (the "Bank"), today reported net income of $3.19 million for the quarter ended June 30, 2023, a 10% increase from the $2.89 million earned the in the preceding quarter, and an 8% decrease compared to the $3.48 million earned during the second quarter of 2022.
 

Blackhawk Bancorp Earns $2.89 Million in First Quarter 2023 (April 21, 2023)

Blackhawk Bancorp, Inc. (OTCQX: BHWB), (the “Company”) parent company of Blackhawk Bank (the “Bank”), today reported net income of $2.89 million for the quarter ended March 31, 2023, a 29% decrease from the $4.05 million earned in the preceding quarter, and a 10% increase compared to the $2.62 million earned during the first quarter of 2022.
 

Blackhawk Bank Welcomes Kevin King to Commercial Lending (April 17, 2023) 

Blackhawk Bank announced today that local banker, Kevin King, has accepted the position of SVP Business Banker – Market Leader for the Beloit, Wisconsin area.
 

First Mid Bancshares, Inc. Announces Acquisition of Blackhawk Bank (March 21, 2023)

Gary Binicewicz, Senior Vice President Business Banking, was recently added to the National Association of Government Guaranteed Lenders (NAGGL) Small Lender Committee Roster for 2023.


Blackhawk Bank Announces McIntyre as 2022 Spirit Award Winner (February 28, 2023)

Blackhawk Bank is honored to announce Dave McIntyre as the 2022 Blackhawk Bank Spirit Award Winner.
 

Blackhawk Bank Recognized as IHDA Top Mortgage Producer for 2022 (February 21, 2023) 

Blackhawk Bank’s Mortgage Department and Mortgage Planners have been recognized as a top mortgage producer for Illinois Housing Development Authority (IHDA) in the Northwest Illinois Region.

 

Joseph Magnelli Joins Blackhawk Bank’s Mortgage Team (February 9, 2023)

Joseph (Joe) Magnelli has joined Blackhawk Bank’s Mortgage team as Vice President Mortgage Planner (NMLS#363231) in the St. Charles, Illinois market.
 

Blackhawk Bancorp Earns Record $13.64 Million in 2022 and $4.05 Million in Fourth Quarter 2022 (January 24, 2022)

Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank (the "Bank"), reported record earnings for the year ended December 31, 2022, with net income of $13.64 million slightly exceeding the previous year's net income of $13.62 million.
 

2022

 
Blackhawk Bank announced that Jim Reynolds has been promoted to McHenry Market Leader.
 

Blackhawk Bancorp Earns $3.49 Million in Third Quarter 2022; Highlighted by Net Interest Margin Expansion (November 8, 2022)

Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank (the "Bank"), today reported net income of $3.49 million for the quarter ended September 30, 2022, a modest increase compared to $3.48 million earned in the preceding quarter, and an 8% increase compared to the $3.22 million earned during the third quarter of 2021. 
 

Blackhawk Bancorp, Inc. Declares Quarterly Cash Dividend (November 21, 2022)

Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank ("the Bank"), today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock.
 

Blackhawk Bank Partners with FHLBank Chicago to Present Grant Money to Stepping Stones of Rockford (November 4, 2022) 

Blackhawk Bank recently partnered with the Federal Home Loan Bank of Chicago (FHLBank Chicago), to present Stepping Stones of Rockford with grant money from the Affordable Housing Program (AHP) General Fund.
 

Phil Whitehead Completes Graduate School of Banking (October 19, 2022) 

Phil Whitehead, CPA, CFP, CExP™ Blackhawk Bank Janesville Market President, completed the respected Graduate School of Banking (GSB) at the University of Wisconsin-Madison. 
 

Shantrese Zackery Joins Blackhawk Bank’s Mortgage Team (September 30, 2022)

Shantrese Zackery has joined Blackhawk Bank’s Mortgage team as a Mortgage Planner (NMLS#1446300) in the Rockford, Illinois market.

Blackhawk Bank Hosts 2022 Annual Food Drive

Blackhawk Bank’s annual Grateful Giving Thanksgiving Food Drive will begin on Monday, October 10th and will run through Saturday, November 12, 2022.
 

Blackhawk Bancorp, Inc. Declares Quarterly Cash Dividend (August 2022)

Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank ("the Bank"), today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock.

 

Blackhawk Bancorp Earns $3.48 Million in Second Quarter 2022;
Highlighted by Strong Loan Growth and Net Interest Margin Expansion

Blackhawk Bancorp, Inc. (OTCQX: BHWB), (the “Company”) the parent company of
Blackhawk Bank (the “Bank”), today reported net income of $3.48 million for the quarter ended June 30, 2022.
 

Blackhawk Bank Promotes Hunter Kurpeski to AVP Small Business Banking (June 27, 2022) 

Blackhawk Bank announced that Hunter Kurpeski has been promoted to Assistant Vice President, Small Business Banking.
 

Blackhawk Bank Promotes Ryan Adleman to VP Senior Treasury Management Officer (June 27, 2022) 

Blackhawk Bank announced that Ryan Adleman has been promoted to Vice President Senior Treasury Management Officer.
 

Sara Porter Completes Digital Banking School (June 16, 2022) 

Sara Porter, AAP, VP Digital Solutions at Blackhawk Bank, completed the respected Digital Banking School presented by the Graduate School of Banking (GSB) at the University of Wisconsin-Madison.
 

Blackhawk Bank had extra doe on hand as deer crashed through office window (June 15, 2022)

On Wednesday morning, an unexpected guest crashed her way into a Blackhawk Bank branch in Beloit, WI.
 

Blackhawk Bank Announces New Hours of Operation (June 06, 2022)

Blackhawk Bank has announced new hours of operation, which went into effect on June 6, 2022.
 

Phil Whitehead Recognized as Elite Lender with WBD (May 23, 2022) 

Phil Whitehead, CPA, CFP, CExP™ Blackhawk Bank Janesville Market President, was recently recognized as an Elite Lender with WBD.
 

Blackhawk Bancorp, Inc. Declares Quarterly Dividend (May 20, 2022) 

Blackhawk Bancorp, Inc. (OTCQX: BHWB) reports that its Board of Directors has declared a cash dividend on the Company’s common stock.
 

Blackhawk Bancorp, Inc. Elects Directors, and Announces Director Retirement (May 19, 2022)

Blackhawk Bancorp, Inc. (OTCQX: BHWB) today announced that it has elected three incumbent directors and one new director at its Annual Meeting of Shareholders held on May 18, 2022.
 

Blackhawk Bank Recognized as IHDA Top Mortgage Producer for 2021 (May 6, 2022) 

Blackhawk Bank’s Mortgage Department and Mortgage Planners have been recognized as a top mortgage producer for Illinois Housing Development Authority (IHDA) in the Northwest Illinois Region.
 

Blackhawk Bancorp Announces Richmond and Island Lake Branch Closures (May 4, 2022)

Blackhawk Bancorp, the parent company of Blackhawk Bank, today announced plans to close two banking centers located in Richmond and Island Lake, Illinois. The closures are expected to occur in August, 2022.
   

Blackhawk Bank Announces Internal Promotions, Welcomes Gale Price (April 21, 2022)

Blackhawk Bank announces internal promotions, welcomes Gale Price, and announces the 2021 Spirit Award Recipient.
 

OTC Markets Group Announces Quarterly Index Performance and Rebalancing (April 26, 2022) 

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the first quarter 2022 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.
 

Blackhawk Bancorp Earns $2.62 Million in First Quarter 2022; First Quarter Results Highlighted by Strong Loan Growth (April 20, 2022)

Blackhawk Bancorp, Inc. (OTCQX: BHWB), (the “Company”) parent company of Blackhawk Bank (the “Bank”), today reported net income of $2.62 million for the quarter ended March 31, 2022.
 

Blackhawk Bank Announces Internal Promotions for Senior Management Staff (March 21, 2022) 

Blackhawk Bank announced several internal promotions, continuing their commitment to grow talent within their organization. In January, the Bank promoted two members of their senior level staff members.
 

Blackhawk Bank Announces Internal Promotions for 2022 (March 21, 2022)

Blackhawk Bank announced several internal promotions, continuing their commitment to grow talent within their organization. In January, the Bank promoted four members of their staff.
 

Blackhawk Bancorp, Inc. Increases Quarterly Dividend by Nine Percent (February 28, 2022)

Blackhawk Bancorp, Inc. (OTCQX: BHWB) reports that its Board of Directors has declared a cash dividend on the Company’s common stock.
 

Blackhawk Bank Announces Robertson as 2021 Spirit Award Winner (February 17, 2022)

Blackhawk Bank is honored to announce Lorianne Robertson, AVP Marketing Specialist, as the 2021 Blackhawk Bank Spirit Award Winner.
 

Blackhawk Bank Welcomes Gale Price as Vice President Business Banking (February 4, 2022) 

Blackhawk Bank is pleased to welcome Gale Price as Vice President Business Banking in the Janesville, Wisconsin market.
 

Blackhawk Bancorp Announces Record Earnings for 2021 (January 21, 2022)

Blackhawk Bancorp, Inc. (OTCQX: BHWB) reported record earnings for the year ended December 31, 2021 with net income of $13.62 million exceeding the previous year’s net income of $10.85 million by 26%.

2021

Blackhawk Bank Wishes Clients a Happy Holiday Season (December 23, 2021)

Blackhawk Bank took the opportunity to wish Beloit, WI and other communities a Happy Holiday Season, as well as to remind everyone of the value and joy of giving back.
 

Blackhawk Bancorp, Inc. Declares Quarterly Dividend on Common Stock (November 22, 2021)

Blackhawk Bancorp, Inc. (OTCQX: BHWB) reports that its Board of Directors has declared a cash dividend on the Company’s common stock.

Blackhawk Bank Welcomes Daniel Garcia as Vice President Business Banking in the Kane County Market (November 18, 2021)

Daniel Garcia has joined the Blackhawk Bank team as Vice President Business Banking in the Kane County market.
 

Blackhawk Bank Collects Over $17,000 During Annual Food Drive (November 17, 2021)

Blackhawk Bank’s annual ‘Grateful Giving’ Thanksgiving Food Drive has concluded. Blackhawk Bank raised $17,128.17 and collected 2,910 non-perishable items. 

Blackhawk Bank Announces 140th Anniversary Cookbook to Benefit Grateful Giving Food Drive (October 26, 2021)

Blackhawk Bank announced the release of an employee cookbook in celebration of their 140th Anniversary, with all proceeds benefiting the Grateful Giving Food Drive.
 

Blackhawk Bancorp Announces 2021 Third Quarter Earnings (October 19, 2021)

Blackhawk Bancorp, Inc. (OTCQX: BHWB) reported net income of $3.22 million for the quarter ended September 30, 2021, a 21% decrease compared to the $4.06 million earned the previous quarter, and a 13% increase compared to the $2.86 million earned the third quarter of 2020.
 

Blackhawk Bank to Sponsor Manufacturing Industry Program (October 8, 2021)

Blackhawk Bank to sponsor Global Midwest Alliance’s Manufacturing Industry Program, Technology for the Future of the Manufacturing Workforce on October 28th in Schaumburg, Illinois.

Blackhawk Bank’s Tammy Zurfluh Receives Affiliate of the Year Award (October 6, 2021)

Blackhawk Bank’s Tammy Zurfluh, SVP Mortgage Banking (NMLS#476483), was named the 2021 Affiliate of the Year by the Rock-Green Realtors Association.

Victoria (Markin) France Promoted to Mortgage Planner (October 6, 2021)

Victoria (Markin) France has been promoted to Mortgage Planner (NMLS#1896305) serving all Blackhawk Bank clients.

Blackhawk Bank Hosts Annual Food Drive (October 4, 2021)

Blackhawk Bank’s annual Grateful Giving Thanksgiving Food Drive will begin on Monday, October 11th and will run through Friday, November 5th, 2021.

Blackhawk Bank Announces New Branch in St. Charles, IL (August 24, 2021)

Blackhawk Bank announces that it has acquired property at 460 S. First Street, St. Charles, IL and plans to open a full-service branch at that location later in the year.

Blackhawk Bancorp, Inc. Declares Quarterly Dividend on Common Stock (August 23, 2021)

Blackhawk Bancorp, Inc. (OTCQX: BHWB) reports that its Board of Directors has declared a cash dividend on the Company’s common stock. 

News Release: Blackhawk Bank Welcomes Kim Egger as Senior Vice President Business Banking in the McHenry County Market (August 4, 2021) 

Kim Egger has joined the Blackhawk Bank team as Senior Vice President Business Banking in the McHenry, Illinois market.

Blackhawk Bancorp Announces 2021 Second Quarter Earnings (July 21, 2021)

Blackhawk Bancorp, Inc. (OTCQX: BHWB) reported net income of $4.06 million for the quarter ended June 30, 2021, an 18% increase over the $3.43 million earned the previous quarter, and a 58% increase compared to the $2.56 million earned the second quarter of 2020.
 

News Release: Julia Fiorucci Promoted to Mortgage Planner (July 6, 2021)

Julia Fiorucci has recently been promoted to Mortgage Planner (NMLS#576995) in the Machesney Park, Illinois market.

News Release: Blackhawk Bank Appoints Jennifer Wagner SVP Business Banking and Market Leader (July 6, 2021)

Jennifer Wagner has been appointed to the position of Senior Vice President, Business Banking, Market Leader for McHenry and Lake Counties.

News Release: Blackhawk Bancorp, Inc. Declares Quarterly Dividend on Common Stock (May 25, 2021)

Blackhawk Bancorp, Inc. (OTCQX:BHWB) reports that its Board of Directors has declared a cash dividend on the Company's common stock.

News Release: Blackhawk Bancorp, Inc. Elects Directors and Announces Director Retirements (May 25, 2021)

Blackhawk Bancorp, Inc. (OTCQX:BHWB) reports that it has elected two incumbent directors and one new director at its Annual Meeting of Shareholders held on May 19, 2021.

News Release: Witherby and Houghton Join Blackhawk Bank Business Banking Team (May 11, 2021)

Brenten Witherby, Senior Vice President Business Banking, and Josh Houghton, Vice President Business Banking, have joined the Blackhawk Bank Business Banking Team.

News Release: SBA Extends PPP Deadline, Gives Small Businesses More Time to Apply (March 31, 2021)

The Biden Administration has signed the PPP Extension Act of 2021, which extends the Paycheck Protection Program application deadline two additional months to May 31st, 2021.

News Release: Blackhawk Bank Announces Internal Promotions for 2021

This month, Blackhawk Bank announced several promotions from within, continuing their commitment to grow talent within their organization. 

News Release: Blackhawk Bank Helps Mom-and-Pop Businesses Secure PPP Funds Given Recent Announcement (February 23, 2021)

The Biden Administration has announced several reforms to the PPP loan program which are intended to "extend much-needed resources to help small business survive, reopen, and rebuild.”


Survey Reveals Community Banks Played Essential Role in Helping Businesses Secure PPP Funding (February 10, 2021) 

The Small Business Credit Survey from the Federal Reserve Bank revealed that community banks were the most popular and successful source in obtaining PPP funding for local businesses. 

2020


Todd Buehl Appointed Blackhawk Bank Director (December 7, 2020) 

Todd Buehl, Chief Financial Officer of ABC Supply Co., Inc., has been appointed to the board of directors of Blackhawk Bancorp, Inc. and its subsidiary, Blackhawk Bank.

Rachel Oracki Joins Blackhawk Bank’s Mortgage Team (November 24, 2020)

Rachel Oracki has joined Blackhawk Bank’s Mortgage team as a Mortgage Planner (NMLS#1692682 ) in the Rockford and Ogle County, Illinois market.

Blackhawk Bank Collects Over $14,000 During Annual Food Drive (November 16, 2020)

Blackhawk Bank’s annual ‘Grateful Giving’ Thanksgiving Food Drive has concluded. 

Blackhawk Bank Hosts Annual Food Drive (October 12, 2020)

Blackhawk Bank is holding its annual Grateful Giving Thanksgiving Food Drive through Nov. 6. 

Blackhawk Bank Partners with FHLB to Donate $35,000 in Grants to Local Charities (September 28, 2020)

Blackhawk Bank recently presented a total of $35,000 in grant money to local charities in the southern Wisconsin and northern Illinois area.

Sara Reque Joins Blackhawk Bank’s Mortgage Team (September 14, 2020)

Sara Reque has joined Blackhawk Bank’s Mortgage team as a Mortgage Planner (NMLS#1260839 ) in the Janesville, Wisconsin market.

Tammy Fanning Joins Blackhawk Bank Retail Team (September 14, 2020)

Blackhawk Bank is pleased to welcome Tammy Fanning as Vice President Business Development.

Blackhawk Bank Recognized as IHDA Top Mortgage Producer (September 8,2020)

Blackhawk Bank’s Mortgage Department and mortgage loan originators have been recognized as a top mortgage producer for the Illinois Housing Development Authority (IHDA). 

Blackhawk Bank Purchases $23,100 in Gift Cards from Local Businesses (July 30, 2020)

 Blackhawk Bank recently purchased over 700 gift cards from local businesses and restaurants in the Southern Wisconsin and Northern Illinois area, totaling $23,100 in gift cards. 

Blackhawk Bank Donates $20,000 in Grants to Local Charities (June 16, 2020)

Blackhawk Bank recently presented a total of $20,000 in grant money to seven local charities in the southern Wisconsin and Northern Illinois area.  

Andrew Reed Joins Blackhawk Banks Retail Team (June 11, 2020)

Blackhawk Bank is pleased to welcome Andrew Reed as AVP, Regional Banking Center Manager  

Amy Smith Joins Blackhawk Banks Cash Management Team (April 13, 2020) 

Blackhawk Bank is pleased to welcome Amy Smith as Cash Management Administrator Cash Management. 

Lori Diaz Joins Blackhawk Banks Cash Management Team (April 13, 2020) 

Blackhawk Bank is pleased to welcome Lori Diaz as Senior Vice President Cash Management.

Kent T. Jones Joins Blackhawk Bank's Mortgage Team (March 11, 2020)

Blackhawk Bank is pleased to welcome Kent T. Jones to the Mortgage team as a Mortgage Planner (NMLS# 1258805).

Darell Tobias Joins Blackhawk Bank's Cash Management Team (February 27, 2020)

Blackhawk Bank is pleased to welcome Darell Tobias as Assistant Vice President of Cash Management. 

Kristi Amenda Joins Blackhawk Bank's Mortgage Team (January 30, 2020) 

Kristi Amenda has joined Blackhawk Bank’s mortgage team as a Mortgage Planner (NMLS#136999) in the Beloit, Wisconsin market.

2019

Blackhawk Bancorp Names Matthew McDonnell Chief Financial Officer (November 21, 2019)

Blackhawk Bancorp, Inc. reports that Matthew McDonnell has been named Senior Vice President and Chief Financial Officer of Blackhawk Bancorp, Inc. and its wholly owned subsidiary, Blackhawk Bank.

Amber Sanders Joins Blackhawk Bank as AVP, Controller (November 13, 2019)

Amber Sanders has joined Blackhawk Bank as Assistant Vice President, Controller.

Seneca Foods in Janesville, Wisconsin has donated over 47,000 non-perishable food items to Blackhawk Bank’s Grateful Giving Thanksgiving food drive campaign.

Blackhawk Bank Welcomes Tasha Ferguson as Vice President (October 28, 2019)

Blackhawk Bank recently welcomed Tasha Ferguson as Vice President Regional Banking Center Manager.

Blackhawk Bank Kicks Off Thanksgiving Food Drive (October 14, 2019) 

Blackhawk Bank’s annual Grateful Giving Thanksgiving Food Drive kicked off on Monday, October 14th.

Jim Reynolds Earns Preeminent CExPTM Designation for Exit Planning (September 13, 2019)

Jim Reynolds, Blackhawk Bank Vice President Business Banking, recently earned the designation of a BEI Certified Exit Planner (CExP™).

Zonts and Hogan Join Blackhawk Bank Business Banking Team (August 16, 2019)

Rick Zonts, SVP & Market Leader, and Adam Hogan, Vice President Business Banking, have joined the Business Banking Team at the Kane Business Banking Center in Elgin, Illinois... 

Blackhawk Bank Hosts Ceremonies for McHenry, Richmond, & Island Lake (August 12, 2019)

Blackhawk Bank recently dedicated their three new locations within McHenry and Lake Counties with ribbon cutting ceremonies... 

Whitehead Earns the Preeminent CExPTM Designation for Exit Planning (August 5, 2019)

Phil Whitehead, Blackhawk Bank Janesville Market President, recently earned the designation of a BEI Certified Exit Planner (CExP™)...

Greg Lundquist Promoted to AVP Business Banking (June 3, 2019)

Remaining committed to Blackhawk Bank’s philosophy of promoting from within, the Bank announced that Greg Lundquist has been promoted to Assistant Vice President Business Banking...

Blackhawk Bancorp, Inc. Elects Directors and Announces Retirement (May 15, 2019) 

Blackhawk Bancorp, Inc. (OTCQX: BHWB) re-elected three incumbent directors and one new director at its Annual Meeting of Shareholders...

Blackhawk Bank, Promoting from Within (March 4, 2019)

Blackhawk Bank is committed to our philosophy of growing talent from within our organization, promoting 13 current employees...

Blackhawk Bancorp, Inc Completes Acquisition of First McHenry Corp. (March 1, 2019)

On March 1, 2019, Blackhawk Bancorp, Incannounced it completed its acquisition of First McHenry Corporation...

Stateline Celebrates New Blackhawk Bank Roscoe Banking Center (February 26, 2019)

On February 26, Blackhawk Bank, along with the Stateline Chamber and Greater Beloit Chamber of Commerce, dedicated the new Roscoe Banking Center with a ribbon cutting ceremony. 

Blackhawk Bank Welcomes Public to Roscoe Banking Center Open House (February 22, 2019)

Join Blackhawk Bank as we showcase our newest banking center at 5506 Clayton Circle, Roscoe, IL on February 28, 2019 from 8:30 a.m. until 4:00 p.m...

Blackhawk Bankers Attend IMEC Lean Manufacturing 101 (February 14, 2019)

On February 12, 2019, nine Blackhawk Bank Business Bankers participated in IMEC’s Lean Manufacturing 101 with Simulation at the NIU Campus in Rockford...

Brian Mertens Named Blackhawk Bank's 2019 Spirit Award Winner (February 1, 2019)

Blackhawk Bank is honored to announce Brian Mertens, Network Technician Support Specialist, as the 2019 Spirit Award Winner...

Blackhawk Bank Recognizes Top Mortgage Producers (January 18, 2019)

Blackhawk Bank’s mortgage loan originators have been recognized for outstanding closed loan volume during 2018...