First Mountain Bancorp Declares Stock Dividend
BIG BEAR LAKE, Calif., Aug 19, 2008 (BUSINESS WIRE) -- First Mountain Bancorp (OTCBB:FMBP) today announced that on August 18, 2008, the Board of Directors of First Mountain Bancorp, parent company of First Mountain Bank, declared a stock dividend of 3% on each of its issued and outstanding common shares payable October 10, 2008, to shareholders of record at the close of business on September 15, 2008.
As previously reported the Company continues to experience positive earnings results and strong capital levels.
"This is the eighth consecutive annual dividend of the Company, and we are pleased that our earnings and financial position make this distribution possible," stated Jack Briner, CEO.
First Mountain Bancorp is the parent company of First Mountain Bank which is headquartered in Big Bear Lake and has four offices serving the Big Bear and high desert areas of Southern California. For further information contact Jack Briner, CEO, or Dennis Saunders, President/CFO, at (909) 866-5861.
SOURCE: First Mountain Bancorp
CONTACT: First Mountain Bancorp
Jack Briner, CEO
Dennis Saunders, President/CFO