FirstBank NW Corp. Declares Quarterly Cash Dividend of $0.17 Per Share
July 21 2005 - 11:47AM
PR Newswire (US)
FirstBank NW Corp. Declares Quarterly Cash Dividend of $0.17 Per
Share CLARKSTON, Wash., July 21 /PRNewswire-FirstCall/ -- FirstBank
NW Corp. (NASDAQ:FBNW), the holding company for FirstBank
Northwest, announced that its Board of Directors has declared a
regular quarterly cash dividend of $0.17 per common share. The
dividend will be paid on August 24, 2005 to shareholders of record
at August 10, 2005. This marks the thirty-second regular quarterly
cash dividend since FirstBank became a publicly traded company in
July 1997. FirstBank NW Corp. is the parent of FirstBank Northwest.
Founded in 1920, FirstBank Northwest is based in Clarkston,
Washington. FirstBank Northwest operates 20 branch locations in
Idaho, eastern Washington and eastern Oregon, in addition to
residential loan centers in Lewiston, Coeur d'Alene, Boise and
Nampa, Idaho, Spokane, Washington, and Baker City, Oregon. Smith
Barney has investment centers in the Coeur d'Alene, Idaho,
Clarkston and Liberty Lake, Washington branches, and the Baker
City, LaGrande, Pendleton and Ontario, Oregon branches. FirstBank
Northwest is known as the local community bank, offering its
customers highly personalized service in the many communities it
serves. Certain matters in this News Release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements may relate to, among others, expectations of the
business environment in which the Company operates, projections of
future performance, including operating efficiencies, perceived
opportunities in the market, potential future credit experience and
statements regarding the Company's mission and vision. These
forward-looking statements are based upon current management
expectations, and may, therefore, involve risks and uncertainties.
The Company's actual results, performance, and achievements may
differ materially from those suggested, expressed or implied by
forward-looking statements due to a wide range of factors
including, but not limited to, the general business environment,
interest rates, the real estate market in Washington, Idaho and
Oregon, the demand for mortgage loans, competitive conditions
between banks and non-bank financial service providers, regulatory
changes, costs of implementing additional securities requirements
and requirements of the Sarbanes Oxley Act of 2002 and other risks
detailed in the Company's reports filed with the Securities and
Exchange Commission, including its Annual Report on Form 10-KSB for
the fiscal year ended March 31, 2005. DATASOURCE: FirstBank NW
Corp. CONTACT: Larry K. Moxley, EVP & CFO of FirstBank NW
Corp., +1-509-295-5100 Web site: http://www.fbnw.com/
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