Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K FOR DIVIDENDS - LaPorte Bancorp, Inc. | form8k_div-081612.htm |
| EX-1.1 - AGENCY AGREEMENT - LaPorte Bancorp, Inc. | form8k_exh11-081612.htm |
Press Release
FOR IMMEDIATE RELEASE
Contact: Liz Kaminski
Telephone: 219-362-751
LAPORTE BANCORP, INC.
ANNOUNCES INITIAL QUARTERLY CASH DIVIDEND
August 16, 2012, LaPorte Bancorp, Inc. (NASDAQ Capital: LPSB) today announced that its Board of Directors declared a quarterly cash dividend of $0.04 per common share. The dividend will be paid on or about September 5, 2012, to stockholders of record as of the close of business on August 27, 2012. This represents a dividend yield of 1.6 percent based on the price per share of $9.74 at the close of markets on August 14, 2012, the date on which the Board approved the dividend. LaPorte Savings Bank, MHC, which held 54.1% of the common stock issued by LaPorte Bancorp, Inc. at June 30, 2012, will not waive its receipt of the dividend.
Founded in 1871, The LaPorte Savings Bank is an Indiana-chartered savings bank that operates eight full service locations in the LaPorte and Porter County regions of Northwest Indiana. As a community-oriented savings bank, the Bank offers a variety of deposit and loan products to individuals and small businesses. Investors may obtain additional information about LaPorte Bancorp and the Bank on the internet at www.laportesavingsbank.com, under Investor Relations.