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Peoples Bancorp Increases Cash Dividend Nov 21, 2011


For Immediate Release                                            

Date:  November 21, 2011                                                                               

OTCQB Symbol - PBNI                                                                                    

Contact:  Maurice F. Winkler, III
                President and CEO



Peoples Bancorp Increases Cash Dividend

(Auburn)  The Board of Directors of Peoples Bancorp (OTCQB Symbol PBNI), the Holding Company for Peoples Federal Savings Bank of DeKalb County, declared a Fiscal 2012 first quarter dividend.  According to G. Richard Gatton, Chairman, “Because of our continued profitability improvement; high equity to assets ratio of 12.65%; a 6.27% ROE and an ROA of .79%, the Board felt it was prudent to increase the quarterly dividend to $.20 per share.  This increase represents a 5.3% increase in the quarterly dividend rate”.


As of November 21, 2011, Peoples had 2,453,347 shares outstanding.  The closing price of Peoples Bancorp stock as of November 18, 2011, was $16.80 per share as listed on the OTCQB Exchange under the symbol of PBNI.  At September 30, 2011, Peoples had stockholders equity of $61,618,203and a book value of $25.12.


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.