Town & Country Bancorp, Inc. Announces Third Quarter Earnings
27 Ottobre 2004 - 5:10PM
PR Newswire (US)
Town & Country Bancorp, Inc. Announces Third Quarter Earnings
SPRINGFIELD, Ill., Oct. 27 /PRNewswire-FirstCall/ -- Town &
Country Bancorp, Inc. (OTC:TCBS) (BULLETIN BOARD: TCBS) announced
earnings for the third quarter of 2004 of $536 thousand. On a per
share basis, (adjusted for the three for two stock split that was
completed on September 30th) earnings were $0.28 for the quarter.
For the first nine months, earnings have been $1.638 million, which
represents $0.87 per share. Total assets at quarter end were over
$374 million, an increase of over 12% from a year ago. Total
deposits were approximately $290 million, an increase of over 14%
over the last year. Also, total loans grew to over $220 million,
representing growth of over 7% in the last year. The Board of
Directors declared a $0.06 per share quarterly cash dividend
payable on December 15, 2004 to stockholders of record December 1,
2004. Adjusted for the stock split, this represents a 29% increase
in the dividend rate over the same quarter last year. On a year to
date basis, the Company has declared a dividend of $0.22 per share,
which represents an increase of over 23% over the prior year.
Shares of common stock of Town & Country Bancorp, Inc. are
quoted on the OTC Bulletin Board under the symbol TCBS. As of
September 2004, the following market makers are registered to quote
stock issued by Town & Country Bancorp, Inc. on the OTCBB;
Boenning & Scattergood, Inc., Hill Thompson Madig & Co,
Inc., Howe Barnes Investments, Inc., Monroe Securities, Inc., Ryan
Beck & Co., Schwab Capital Markets L.P., Wedbush Morgan
Securities, and Knight Equity Markets, L.P. Town & Country
Bancorp, Inc. is the parent holding company for Town & Country
Bank of Springfield, Logan County Bank (Lincoln), and Town &
Country Bank (Buffalo, Mt. Zion, and Forsyth). DATASOURCE: Town
& Country Bancorp, Inc. CONTACT: Michael W. Tuttle, Senior Vice
President & Chief Financial Officer, +1-217-787-3100, , or
Sharon Houston, Marketing Director, +1-217-787-3100, both of Town
& Country Bancorp, Inc. Web site:
http://www.townandcountrybank.com/
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