FFW Corporation Announces Cash Dividend
09 March 2012 - 8:30AM
Marketwired
FFW Corporation (OTCBB: FFWC)
(3/7/2012 Close:
$14.00), parent corporation of Crossroads Bank, has approved a
quarterly cash dividend of $0.11 per share of common stock. The
dividend is payable March 30, 2012 to shareholders of record on
March 19, 2012.
The book value of FFW Corporation stock was $21.65 per share as
of January 31, 2012. The last reported trade of stock at the close
of business on March 7, 2012 was $14.00 per share and the number of
outstanding shares was 1,121,884 as of the same date. On January
31, 2012, the corporation had assets of $325.3 million and
shareholders' equity of $31.8 million. The Board of FFW Corporation
and Crossroads Bank will continue to evaluate the payment of a
dividend on a quarterly basis.
Crossroads Bank is a wholly owned subsidiary of FFW Corporation
providing an extensive array of banking services and a wide range
of investments and securities products through its main office in
Wabash and four banking centers located in Columbia City, North
Manchester, South Whitley, and Syracuse, IN. The Bank provides
leasing services at its banking centers and its Carmel, IN leasing
and commercial loan office. Insurance products are offered through
an affiliated company, Insurance 1 Services, Inc. The corporation's
stock is traded on the OTC Bulletin Board under the symbol
"FFWC.OB." Our website address is www.crossroadsbanking.com.
FOR MORE INFORMATION Contact: Emily Boardman Treasurer
260-563-3185
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