TRI-STATE 1ST BANC INC.
16926 St. Clair Ave., P. O. Box 796
East Liverpool, OH 43920
November 20, 2012
Tri-State 1st Banc Declares Dividends
East Liverpool, OH. (11/20/12) – The Board of Directors of Tri-State 1st Banc Inc. declared its regular quarterly dividend in the amount of $.05 per share and a special dividend of $.05 per share on both Common stock and Preferred Series A stock for the 4th Quarter of 2012.
This $.05 per share regular dividend and $.05 per share special dividend paid in the 4th Quarter is the same as the fourth quarter dividend payments of 2011 and an increase of $.03 per share from the 4th quarter of 2010.
The dividends were declared at a meeting of the Board of Directors on November 14, 2012 and will be paid on December 17, 2012 to shareholders of record on November 26, 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 $99,642 under this dividend declaration to stockholders in December as it did in December 2011 and double the amount paid in September 2012 due to the special $.05 dividend. For the year 2012 the company will have 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 proud of our history of continually paying dividends to our shareholders since 1990. Tri-State is committed to sharing our successful performance with our shareholders, many who have supported us since our inception 25 years ago"
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