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Baylake Corp. Added to ABA NASDAQ Community Bank Index

Baylake Corp. (NASDAQ:BYLK), holding company for Baylake Bank, recently announced the company has been added to the ABA NASDAQ Community Bank Index.

Launched in 2003, the Index currently tracks the performance of approximately 374 community banks with a total market capitalization of approximately $175 billion. The Index is calculated on both stock price return and total return, with performance reported on the ABA website and through financial data services under the ticker symbol “ABAQ.”

Robert J. Cera, president and CEO, commented, “Baylake Corp. began trading on NASDAQ in November 2013, and we welcome the opportunity to now be included in the ABA NASDAQ Community Bank Index. We believe joining the Index will further enhance our initiatives to expand Baylake’s visibility and recognition among individual and institutional investors.”