FFW Corporation Declares Cash Dividend
27 November 2013 - 9:19AM
Marketwired
FFW Corporation Declares Cash Dividend
WABASH, IN--(Marketwired - Nov 26, 2013) - FFW Corporation
(OTCBB: FFWC) (11/26/2013 Close: $17.60), parent corporation of
Crossroads Bank, has approved a quarterly cash dividend of $0.11
per share of common stock. The dividend is payable December 31,
2013 to shareholders of record on December 17, 2013.
The book value of FFW Corporation stock was $21.21 per share as
of October 31, 2013. The last reported trade of stock at the close
of business on November 26, 2013 was $17.60 per share and the
number of outstanding shares was 1,132,084 as of the same date. On
October 31, 2013, the corporation had assets of $357.8 million and
shareholders' equity of $31.7 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."
Our website address is www.crossroadsbanking.com.
Contact: Emily Boardman Treasurer 260-563-3185
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