First Manitowoc Bancorp, Inc. : raises its quarterly cash dividend
January 19, 2012 at 02:49 pm EST
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First Manitowoc Bancorp, Inc. (OTCBB: FMWC.OB), parent
company of Bank First, announced that its Board of Directors
approved its first quarter cash dividend of $0.11 per common
share payable on March 9, 2012, to shareholders of record as
of March 2, 2012. The dividend reflects a 4.76% increase from
the previous quarter.
"We are very pleased to announce that we've raised our
quarterly cash dividend. After reviewing our records, we've
discovered that the Corporation has consecutively paid
dividends for more than a quarter of a century, stated Mike
Molepske, President and CEO at Bank First. "Bank First
continues to perform exceptionally well, compared to many of
our peers. Our focus on relationships and the ability to
tailor our products and services to fit our customers' needs
help guide us to success.
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Bank First Corporation serves as the holding company of Bank First, N.A. (the Bank). The Bank has about 26 offices, including its headquarters, in Brown, Columbia, Dane, Fond du Lac, Jefferson, Manitowoc, Monroe, Outagamie, Ozaukee, Shawano, Sheboygan, Waupaca, Waushara, and Winnebago counties in the State of Wisconsin. The Bank serves businesses, professionals, and consumers with a variety of financial services, including retail and commercial banking. The Bank offers products, including checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, commercial and industrial loans, commercial real estate loans, construction and development loans, residential mortgages, consumer loans, online banking, telephone banking and mobile banking. The Bank has three subsidiaries: Bank First Investments, Inc., TVG Holdings, Inc. (TVG) and BFC Title, LLC. Bank First Investments, Inc. provides investment and safekeeping services to the Bank.