Chester Valley Bancorp Inc. Declares Quarterly Cash Dividend
02 March 2004 - 3:11AM
PR Newswire (US)
Chester Valley Bancorp Inc. Declares Quarterly Cash Dividend
DOWNINGTOWN, Pa., March 1 /PRNewswire-FirstCall/ -- Chester Valley
Bancorp Inc. announced the declaration of a $.105 quarterly cash
dividend. The dividend will be paid on March 23, 2004 to
shareholders of record as of the close of business on March 9,
2004. The cash dividend is based on record earnings of $1.6 million
or $.31 per diluted share for the quarter ended December 31, 2003.
At December 31, 2003, the Company had assets of $606.3 million and
stockholders' equity of $51.8 million. Chester Valley Bancorp Inc.
is the parent company of both First Financial Bank and Philadelphia
Corporation for Investment Services. First Financial Bank's
executive offices are located in Downingtown, Pennsylvania with
additional branch locations in Exton, Frazer, Thorndale, Westtown,
Airport Village, Brandywine Square, Devon, Kennett Square and
Eagle. Philadelphia Corporation has offices in Wayne and
Philadelphia. Chester Valley Bancorp stock is traded on the NASDAQ
market under the symbol "CVAL". DATASOURCE: Chester Valley Bancorp
Inc. CONTACT: Joseph T. Crowley, Chief Financial Officer, Chester
Valley Bancorp, +1-610-269-9700
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