FFW Corporation Announces Quarterly Cash Dividend
31 Agosto 2005 - 12:29PM
PR Newswire (US)
WABASH, Ind., Aug. 31 /PRNewswire/ -- The Board of Directors of FFW
Corporation (the Company), the holding company of First Federal
Savings Bank of Wabash ("First Federal"), has approved a quarterly
cash dividend of $.18 per share of common stock. The dividend is
payable September 30, 2005 to shareholders of record on September
12, 2005. The dividend represents a 5.88% increase over the cash
dividend of $.17 paid the prior year's quarter. The book value of
FFW Corporation stock was $18.55 per share as of July 31, 2005. The
last reported trade of stock at the close of business on August 26,
2005 was $19.60 per share and the number of outstanding shares was
1,267,567 as of the same date. On July 31, 2005, the corporation
had assets of $258.1 million and shareholders' equity of $23.5
million. First Federal continues to exceed all applicable
regulatory capital requirements. First Federal Savings 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 under the symbol "FFWC.PK". Our website address is
http://www.ffsbwabash.com/ . DATASOURCE: FFW Corporation CONTACT:
Tim Sheppard, Chief Financial Officer of FFW Corporation,
+1-260-563-3185, ext. 228 Web site: http://www.ffsbwabash.com/
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