FFW Corporation Announces Cash Dividend
November 30 2011 - 7:23AM
Marketwired
FFW Corporation (OTCBB: FFWC)
(11/29/2011 Close:
$12.25), parent corporation of Crossroads Bank, has approved a
quarterly cash dividend of $0.11 per share of common stock. The
dividend is payable December 30, 2011 to shareholders of record on
December 15, 2011.
The book value of FFW Corporation stock was $20.93 per share as
of October 31, 2011. The last reported trade of stock at the close
of business on November 29, 2011 was $12.25 per share and the
number of outstanding shares was 1,121,884 as of the same date. On
October 31, 2011, the corporation had assets of $329.0 million and
shareholders' equity of $31.0 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.
Contact: Emily Boardman Treasurer 260-563-3185
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