TRI-STATE 1ST BANC INC.
16926 St. Clair Ave., P. O. Box 796
East Liverpool, OH 43920
September 6, 2012
Tri State 1st Banc Declares Dividends
East Liverpool, OH. (9/6/12) – The Board of Directors of Tri-State 1st Banc Inc. declared its regular quarterly dividend in the amount of $.05 per share on both Common stock and Preferred Series A stock for the 3rd Quarter of 2012.
This $.05 per share paid in the 3rd Quarter is the same as the regular quarterly payments over the past several of years. In the year 2011, the company paid a five-for-four (25%) stock dividend to its shareholders, four $.05 quarterly dividends and a special year-end dividend, of $.05.
The dividends were declared at a meeting of the Board of Directors on August 22, 2012 and will be paid on September 26, 2012 to shareholders of record on September 4, 2012. Shareholders have received a dividend each year since 1990.
There are 985,983 shares of common stock and 10,445 Series A Preferred stock of Tri-State 1st Banc outstanding. The company will pay a total of $49,821 under this dividend declaration to stockholders in September as it did in June. For the year 2011 the company paid cash dividends of $492,707 to its shareholders many of whom reside in Tri-State's market area.
Stephen R. Sant President and CEO of Tri-State 1st Banc Inc., stated: "We are pleased to continue the regular payment of $.05 a share quarterly dividends to Common Stock and Series A Preferred stockholders. Their continued support of Tri-State and its affiliates is very much appreciated. This dividend allows stockholders to share in the success of our company."
Tri-State 1st Banc Inc (NASDAQ.BB symbol "TSOH") is an Ohio Financial Holding Company registered with the Federal Reserve Bank and is the parent company of the four subsidiary companies. The subsidiaries are 1st National Community Bank under President Stephen R. Sant, MDH Investment Management Company with Dr. Marc D. Hoffrichter as President, Gateminder Corporation with Lance Lang as President, and Cooper Insurance Agency with Stephen W. Cooper serving as its President.
Founding President Charles B. Lang serves as company Chairman and Stephen R. Sant serves as President and CEO of the Tri-State 1st Banc Inc. Stephen Beadnell is Chief Financial Officer of the company.
Stephen A. Beadnell, CFO
Tri-State 1st Banc Inc.
16926 St. Clair Avenue
P. O. Box 796
East Liverpool, OH. 43920
(330) 385-9200 ----- FAX (330) 386-7452