I was getting ready to repaint a siding board with peeling paint, when I realized there was quite a bit of rotten wood around the hose spigot that goes through the plank. Below are some pictures from after I cleared away most of the soft wood.
Can I repair this without replacing the board, or do I need to hire someone to replace the board? I've repaired some small areas of rot in other areas with wood hardener and epoxy putty, but those repairs didn't go through the board and I'm not sure if it would work to screw the spigot into the epoxy. Replacement won't be so simple since it's a frost-free spigot and someone would need to cut an access panel in our finished basement to remove it.
It's not possible to see in the picture below, but the rot extends upwards behind the board for about a half-inch.