Elmira Savings Bank Declares Cash and Stock Dividend
27 Novembre 2013 - 7:36PM
Marketwired
Elmira Savings Bank Declares Cash and Stock Dividend
ELMIRA, NY--(Marketwired - Nov 27, 2013) - The Board of
Directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a
$0.23 per share cash dividend on their existing common shares
outstanding and a 10% stock dividend on their existing common
shares outstanding. The cash and stock dividend will be paid on
December 27, 2013 to shareholders of record December 9,
2013. The Bank also declared a dividend on their preferred
shares outstanding.
"We are pleased to be able to continue our cash dividend, as
well as our stock dividend, to reward our many loyal shareholders,"
said Thomas M. Carr, President and Chief Operating
Officer.
Elmira Savings Bank, with $519.7 million in total assets, is
insured by the Federal Deposit Insurance Corporation (FDIC) and is
a state-chartered bank with six offices in Chemung County, NY;
three offices and a loan center in Tompkins County, NY; two offices
in Steuben County, NY; one office in Cayuga County, NY; one office
in Schuyler County, NY; a loan center in Cortland County, NY; and a
loan center in Broome County, NY.
Except for the historical information contained herein, the
matters discussed in this news release are forward-looking
statements that involve the risks and uncertainties, including the
timely availability and acceptance of Bank products, the impact of
competitive products and pricing, the management of growth, and
other risks detailed from time to time in the Bank's publicly
available regulatory reports.
For further information contact: Thomas M. Carr President &
COO Elmira Savings Bank 333 East Water Street Elmira, New York
14901 (607) 735-8660 E-Mail: Email Contact
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