FFW Corporation Announces Quarterly Cash Dividend
24 Mai 2006 - 4:50PM
PR Newswire (US)
WABASH, Ind., May 24 /PRNewswire-FirstCall/ -- FFW Corporation
(OTC:FFWC.OB) (BULLETIN BOARD: FFWC.OB) , parent corporation of
First Federal Savings Bank of Wabash, Indiana, has approved a
quarterly cash dividend of $.18 per share of common stock. The
dividend is payable June 30, 2006 to shareholders of record on June
15, 2006. The dividend represents a 5.88% increase over the cash
dividend of $.17 paid the prior year's quarter. The book value of
FFW Corporation stock was $19.37 per share as of April 30, 2006.
The last reported trade of stock at the close of business on May
23, 2006 was $22.75 per share and the number of outstanding shares
was 1,234,081 as of the same date. On April 30, 2006, the
corporation had assets of $272.9 million and shareholders' equity
of $24.0 million. First Federal continues to exceed all applicable
regulatory capital requirements. First Federal Savings 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 http://www.ffsbwabash.com/ DATASOURCE: FFW
Corporation CONTACT: Tim Sheppard, Treasurer of FFW Corporation,
+1-260-563-3185, ext. 228 Web site: http://www.ffsbwabash.com/
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