Sussex Bancorp Announces Dividend
12 Janvier 2006 - 7:00PM
PR Newswire (US)
FRANKLIN, N.J., Jan. 12 /PRNewswire-FirstCall/ -- Sussex Bancorp
(SBB) announced today that its Board of Directors declared a cash
dividend of $0.07 per share, payable on February 15, 2006 to
shareholders of record as of January 27, 2006. Mr. Donald Kovach,
President and Chief Executive Officer of the Company stated, "This
cash dividend evidences our strong 2005 performance and the Board's
continuing commitment to provide value to our shareholders." Sussex
Bancorp is the holding company for the Sussex Bank, a New Jersey
chartered commercial bank operating through eight (8) branches in
Sussex County, New Jersey. Sussex Bank is also in the process of
expanding into New York, acquiring a branch in Port Jervis. The
transaction is expected to close in the first quarter of 2006.
Sussex Bancorp is also the parent of Tri-State Insurance Agency
Inc, a full service insurance agency located in Augusta, New
Jersey. DATASOURCE: Sussex Bancorp CONTACT: Candace Leatham,
Executive Vice President & Treasurer, Sussex Bancorp,
+1-973-827-2914 Web site: http://www.sussexbank.com/
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