Attached files
file | filename |
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8-K - Polonia Bancorp | v205684_8k.htm |
EX-99.1 - Polonia Bancorp | v205684_ex99-1.htm |
Exhibit 99.2
POLONIA
BANCORP ANNOUNCES SUSPENSION OF SHARE REPURCHASE PLAN
HUNTINGDON
VALLEY, PA – December 15, 2010 – Polonia Bancorp (OTCBB:PBCP) (the “Company”)
announced today that it has suspended its previously announced plan to
repurchase shares of the Company’s outstanding common stock through a Rule
10b5-1 repurchase plan as a result of its deployment of capital to support the
recently announced acquisition of Earthstar Bank by Polonia Bank.
Polonia
Bancorp is the holding company of Polonia Bank, headquartered in Huntingdon
Valley, Pennsylvania. Polonia Bank is a federally chartered savings
bank offering traditional services and products from its main office in
Huntingdon Valley, Pennsylvania and nine branch offices.
Contact:
|
Polonia
Bancorp
Paul
D. Rutkowski, Chief Financial Officer and Treasurer
(215)
938-8800
|