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8-K - FORM 8-K - FIRSTBANK CORP | firstbank_8k-012511div.htm |
EXHIBIT 99.1
FOR IMMEDIATE RELEASE | NEWS RELEASE | ||
Date Submitted:
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January 25, 2011
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Contact: Samuel G. Stone
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NASDAQ Symbol:
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FBMI
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Executive Vice President and
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Chief Financial Officer
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(989) 466-7325
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Firstbank Corporation Announces Cash Dividend on Common Stock
Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.01 per share cash dividend will be paid March 17, 2011, to common stock shareholders of record as of February 25, 2011. The $0.01 per share cash dividend is unchanged from the amount paid in the prior quarter.
Firstbank Corporation, headquartered in Alma, Michigan, is a bank holding company using a multi-bank-charter format with assets of $1.5 billion and 51 banking offices serving Michigan’s Lower Peninsula. Bank subsidiaries include: Firstbank – Alma; Firstbank (Mt. Pleasant); Firstbank – West Branch; Firstbank – St. Johns; Keystone Community Bank; and Firstbank – West Michigan.