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PO Box 398
Jeffersonville, NY 12748
For More Information, call: 845-482-4000
|Contact: Wayne V. Zanetti, President CEO|| |
February 15, 2012
Company Press Release
Jeffersonville Bancorp Announces Fourth Quarter and Full Year 2011 Earnings and Declares Quarterly Dividend
JEFFERSONVILLE, N.Y., February 15, 2012 (PRIME NEWSWIRE)Jeffersonville Bancorp, Inc. (NASDAQJFBC) announced today fourth quarter net income of $1,072,000 or $0.25 per share compared to $941,000 or $0.22 per share for the fourth quarter of 2010. Earnings for the full year 2011 were $3,906,000 or $0.92 per share for the year compared to $3,129,000 or $0.74 per share for 2010.
A cash dividend in the amount of thirteen cents $0.13 on the common stock of the Company was declared at the February 14, 2012 meeting of the Board of Directors. The dividend is payable on March 1, 2012 to stockholders of record at the close of business on February 27, 2012.
Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of The First National Bank of Jeffersonville Jeff Bank. As of December 31, 2010, Jeff Bank maintained twelve full service branches in Sullivan County New York located in Jeffersonville, Bloomingburg, Callicoon, Eldred, Liberty, Livingston Manor, Loch Sheldrake, Monticello, Narrowsburg, Wal*Mart/Monticello, White Lake and Wurtsboro.
The following information was filed by Jeffersonville Bancorp (JFBC) on Wednesday, February 15, 2012 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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