TRI-STATE 1ST BANC INC.
16926 St. Clair Ave., P. O. Box 796
East Liverpool, OH 43920
May 24, 2013
Tri State 1st Banc Declares Dividends
East Liverpool, OH. (05/24/13) – 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 2nd Quarter of 2013.
This $.05 per share paid in the 2nd Quarter is the same as the regular quarterly payments over the past several of years. The dividends were declared at a meeting of the Board of Directors on April 25, 2013 and will be paid on June 24, 2013 to shareholders of record on June 4, 2013. 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 June as it did in March. For the year 2012 the company paid cash dividends of $493,391 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