FFBZ First Fed Bancorp (MM)

First Federal Bancorp Announces Quarterly Cash Dividend ZANESVILLE, Ohio, Sept. 17 /PRNewswire-FirstCall/ -- First Federal Bancorp, Inc. (NASDAQ:FFBZ) today announced the Board of Directors declared a quarterly cash dividend of $0.06 per common share, a 9% increase over the amount paid for the same period last year. The dividend is payable on October 5, 2004 to shareholders of record on September 27, 2004. J. William Plummer, President and Chief Executive Officer, stated, "Our results for the first nine months of fiscal 2004 included solid growth in assets and deposits as well as continuation of sound credit quality measures. During this same period we increased non-interest income compared to a year ago. These achievements, combined with gradual improvement in the economy, are expected to contribute to improved future performance." First Federal Bancorp, Inc. is the parent company of First Federal Savings Bank of Eastern Ohio, whose primary markets include Coshocton, Guernsey, Licking, Morgan, Muskingum, Perry, and Tuscarawas counties. Statements made in this press release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements made in this press release are based on information presently available to management. The Company assumes no obligation to update any forward-looking statements. DATASOURCE: First Federal Bancorp, Inc. CONTACT: Connie Ayres LaPlante, Treasurer of First Federal Bancorp, Inc., +1-740-588-2265

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