Attached files
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| 8-K - FORM 8K - MINDEN BANCORP, INC. | form8k-117869_minden.htm |
Exhibit 99.1
MINDEN BANCORP, INC.
100 MBL BANK DRIVE
MINDEN, LOUISIANA 71055
_____________________________________
318-377-0523 TELEPHONE
3118-377-0038 FAX
www.mblminden.com
PRESS RELEASE
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Release Date:
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October 20, 2011
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For Further Information:
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Jack E. Byrd, Jr., Chairman/President/CEO
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318-371-4156
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E-mail: jack@mblminden.com
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or
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Becky T. Harrell, Treasurer/CFO
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318-371-4123
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E-mail: becky@mblminden.com
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MINDEN BANCORP, INC. ANNOUNCES THE DECLARATION OF A
CASH DIVIDEND FOR THE THIRD QUARTER ENDING SEPTEMBER 30, 2011
MINDEN, LA. – October 20, 2011- Minden Bancorp, Inc. (OTC BB: MDNB) announced that its Board of Directors declared a cash dividend of $.065 per share on the common stock of the Company, payable on November 4, 2011 to the shareholders of record at the close of business on October 25, 2011.
The Company is the parent holding company of MBL Bank headquartered in Minden, Louisiana. At June 30, 2011 the Company had assets of $234.9 million, total liabilities of $197.0 million, and total stockholders’ equity of $37.9 million.
The Company’s filings with the Securities and Exchange Commission are available at the Securities and Exchange Commission at http://www.sec.gov.
This news release may contain forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of l995. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Such forward-looking statements, by their nature, are subject to risk and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors. Such factors include, but are not limited to, changes to interest rates which could affect the net interest margin and net interest income, the possibility that increased demand or prices for the Company’s financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties, including those detailed in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to update any forward-looking statements.