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Peoples Bancorp Declares Dividend May 21 2012

21-May-2012

For Immediate Release                                            

Date:  May 21, 2012

Pink Sheets Symbol - PBNI

Contact:  Maurice F. Winkler, III
President and CEO
260-925-2500

 

 

Peoples Bancorp Declares Dividend

(Auburn, Indiana)  The Board of Directors of Peoples Bancorp (PBNI), the Holding Company for Peoples Federal Savings Bank of DeKalb County, declared a Fiscal 2012 third quarter dividend of $0.20 per share, according to G. Richard Gatton, Chairman.  The dividend will be paid on July 12, 2012 to Stockholders of Record as of July 2, 2012.  This is the ninety-ninth consecutive dividend that has been paid since the Company went public on July 7, 1987.

 

As of May 18, 2012, Peoples had 2,411,551 shares outstanding.  The closing price of Peoples Bancorp stock, as of May 18, 2012, was $18.00 per share as listed on the Pink Sheets under the symbol of PBNI.

 

Peoples Bancorp, through its subsidiary, Peoples Federal Savings Bank of DeKalb County, operates eleven full-service offices in Indiana, located in Auburn, Avilla, Garrett, Howe, Kendallville, LaGrange, Middlebury, Topeka, Waterloo, and two offices in Columbia City.  Peoples Federal operates four full-service offices in Michigan, with two offices located in Three Rivers and offices at Schoolcraft and Union.