FFW Corporation Declares Cash Dividend
February 28 2014 - 7:47AM
Marketwired
FFW Corporation Declares Cash Dividend
WABASH, IN--(Marketwired - Feb 28, 2014) - FFW Corporation
(OTCBB: FFWC) (2/27/2014 Close: $17.75), parent corporation of
Crossroads Bank, has approved a quarterly cash dividend of $0.11
per share of common stock. The dividend is payable March 31,
2014 to shareholders of record on March 17, 2014.
The book value of FFW Corporation stock was $21.89 per share as
of January 31, 2014. The last reported trade of stock at the
close of business on February 27, 2014 was $17.75 per share and the
number of outstanding shares was 1,132,084 as of the same
date. On January 31, 2014, the corporation had assets of
$338.4 million and shareholders' equity of $35.7 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.
FOR MORE INFORMATION CONTACT: Emily Boardman Treasurer
260-563-3185
FFW (PK) (USOTC:FFWC)
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