Town & Country Bancorp, Inc. Announces First Quarter Earnings
28 Avril 2004 - 4:50PM
PR Newswire (US)
Town & Country Bancorp, Inc. Announces First Quarter Earnings
SPRINGFIELD, Ill., April 28 /PRNewswire-FirstCall/ -- Town &
Country Bancorp, Inc. (BULLETIN BOARD: TCBS) announced earnings for
the first quarter of 2004 of $575 thousand. On a per share basis,
earnings were $0.46 for the quarter. Total assets at quarter end
were $357.7 million, an increase of over 11% from a year ago. Total
deposits were over $275 million, an increase of over 13% over the
last year. Also, total loans grew to almost $216 million,
representing growth of almost 11% in the last year. The Board of
Directors declared a $0.08 per share quarterly cash dividend
payable on June 15, 2004 to stockholders of record June 1, 2004.
This represents a 14% increase in the dividend rate over the same
quarter last year. On a year to date basis, the Company has
declared a dividend of $0.16 per share, which represents an
increase of almost 25% over the prior year. The Company also
announced that on April 1st, Town & Country Bank (Buffalo)
opened a new full-service branch facility in Forsyth, Illinois.
Town & Country Bank now has offices in Buffalo, Mt. Zion, and
Forsyth and has total assets of $52 million. Shares of common stock
of Town & Country Bancorp, Inc. are quoted on the OTC Bulletin
Board under the symbol TCBS. As of March, 2004 the following market
makers are registered to quote stock issued by Town & Country
Bancorp, Inc. on the OTCBB; Boenning & Scattergood, Inc., Hill
Thompson Madig & Co, Inc., Howe Barnes Investments, Inc.,
Monroe Securities, Inc., Ryan Beck & Co., Schwab Capital
Markets L.P., Wedbush Morgan Securities, and Knight Equity Markets,
L.P. Town & Country Bancorp, Inc. is the parent holding company
for Town & Country Bank of Springfield, Logan County Bank
(Lincoln), and Town & Country Bank (Buffalo, Mt. Zion, and
Forsyth). DATASOURCE: Town & Country Bancorp, Inc. CONTACT:
Michael W. Tuttle, Senior Vice President & Chief Financial
Officer, +1-217-787-3100, , or Sharon Houston, Marketing Director,
+1-217-787-3100, both of Town & Country Bancorp, Inc. Web site:
http://www.townandcountrybank.com/
Copyright