News Column

Indiana Business Bancorp Announces Stock Dividend

February 24, 2014



INDIANAPOLIS--(BUSINESS WIRE)-- Indiana Business Bancorp (OTCBB:IBBI), the holding company for Indiana Business Bank, announced today that its Board of Directors had authorized a 5% stock dividend. The dividend will be paid by issuing one new share of common stock for each twenty shares owned by shareholders of record on February 28, 2014. The stock dividend will be paid March 10, 2014. No fractional interests will be issued; the number of shares issued to each record shareholder will be rounded up to the nearest whole number.

President and CEO, James S. Young stated, “We believe that the stock dividend, in combination with the recently announced cash dividend, will reward shareholders while increasing the liquidity of our shares.”

About Indiana Business Bancorp and Indiana Business Bank

Indiana Business Bancorp is a bank holding company whose operations are conducted through its subsidiary, Indiana Business Bank, a state-chartered, locally-owned and managed commercial bank formed for the purpose of providing highly-personalized banking services for small to medium-sized businesses, their owners and professional services firms in the Indianapolis, Indiana metropolitan area. The Bank provides a full line of commercial banking loan, deposit, and cash management services that are delivered in a highly personalized manner by experienced banking professionals. The Bank specializes in serving the commercial and consumer banking needs of small to medium sized businesses and their owners, and professionals located primarily throughout Central Indiana.

We routinely post important information for investors on our website, http://www.indianabb.com in the “About” section under “Investor Relations”. We intend to use this website as a means of providing financial and other information to investors and other interested parties. Accordingly, investors should monitor our website, in addition to following our press releases and other presentations. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Indiana Business Bank and Indiana Business Bancorp’s business which are not historical facts are “forward-looking statements” that involve risks and uncertainties which may cause actual results to differ materially from expected results, including: risks associated with the regulation of financial institutions and holding companies, including capital requirements and the costs of regulatory compliance; failures or interruptions in communications and information systems; general economic conditions and conditions in the lending markets; competition; the loss of key members of management and other matters discussed in the press release. All statements in this press release, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events.



Indiana Business Bancorp

Gregory Gault, Executive Vice President, 317-218-2181

ggault@indianabb.com

or

Guy Johnson Public Relations

Guy Johnson, 317-503-4605

guy-pr@sbcglobal.net


Source: Indiana Business Bancorp


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Source: Business Wire


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