UB Bancorp (fka UBNC)

[Soapy Bubbles]

the little bank Announces Cash Dividend of $0.0725 Per Share today

KINSTON, N.C., May 24, 2011 (BUSINESS WIRE) -- the little bank (LTLB) announced
that its Board of Directors, on May 19, 2011, approved a semi-annual cash
dividend of $0.0725 per share on the Bank's common stock. The dividend is payable
on June 30, 2011 to shareholders of record as of the close of business on June
15, 2011. Currently, 2,562,086 shares of common stock are issued and outstanding.

The little bank is headquartered in Kinston, North Carolina and currently serves
the Lenoir, Wayne, Onslow, Pitt, and Craven county markets. The Bank prides
itself on the special care with which it serves its customers. The Bank's website
is http://www.thelittlebank.com. The little bank stock can be found on the
Over-the-Counter Electronic Bulletin Board trading under the symbol LTLB.

SOURCE: the little bank

the little bank
Doyle M. Thigpen, Chief Financial Officer, 252-317-2804


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