FNB Bancorp Declares Preferred Stock Dividend Payable on May 15, 2009
May 8, 2009 4:30:00 PM
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View Additional ProfilesSOUTH SAN FRANCISCO, CA -- (MARKET WIRE) -- 05/08/09 -- FNB Bancorp (OTCBB: FNBG), the holding company for First National Bank of Northern California, announced that its Board of Directors has declared a cash dividend of $130,000 on 12,000 shares of Preferred Stock, Series A, and $11,700 on 600 shares of Preferred Stock, Series B, to the U.S. Department of the Treasury payable on May 15, 2009, under its Capital Purchase Program.
Cautionary Statement: This release contains certain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those stated herein. Management's assumptions and projections are based on their anticipation of future events and actual performance may differ materially from those projected. Risks and uncertainties which could impact future financial performance include, among others, (a) competitive pressures in the banking industry; (b) changes in the interest rate environment; (c) general economic conditions, either nationally or regionally or locally, including fluctuations in real estate values; (d) changes in the regulatory environment; (e) changes in business conditions or the securities markets and inflation; (f) possible shortages of gas and electricity at utility companies operating in the State of California, and (g) the effects of terrorism, including the events of September 11, 2001, and thereafter, and the conduct of war on terrorism by the United States and its allies. Therefore, the information set forth herein, together with other information contained in the periodic reports filed by FNB Bancorp with the Securities and Exchange Commission, should be carefully considered when evaluating its business prospects. FNB Bancorp undertakes no obligation to update any forward-looking statements contained in this release.
For further information contact:
Tom McGraw
CEO
650-875-4865
Dave A. Curtis
SVP/CFO
Tel: (650) 875-4862
Fax: (650) 588-9695
