County Bancorp, Inc. Declares Quarterly Dividend
February 22 2019 - 8:30AM
County Bancorp, Inc. (NASDAQ: ICBK), the parent company for
Investors Community Bank, announced that on February 19, 2019 its
Board of Directors declared a quarterly cash dividend of $0.05 per
share. The dividend will be payable on March 22 to shareholders of
record as of March 8, 2019.
“We plan on actively managing our credit and
wholesale funding exposure in 2019,” stated Tim Schneider,
President of County Bancorp, Inc. and CEO of Investors Community
Bank. “We need to prudently control capital; and with the active
management of our balance sheet and lower earnings expected in
2019, we are lowering the dividend per share in comparison to
2018.”
About County Bancorp,
Inc.
County Bancorp, Inc., a Wisconsin corporation and registered
bank holding company founded in May 1996, and our wholly-owned
subsidiary Investors Community Bank, a Wisconsin-chartered bank,
are headquartered in Manitowoc, Wisconsin. The state of
Wisconsin is often referred to as “America’s Dairyland,” and one of
the niches we have developed is providing financial services to
agricultural businesses statewide, with a primary focus on
dairy-related lending. We also serve business and retail
customers throughout Wisconsin, with a focus on northeastern and
central Wisconsin. Our customers are served from our
full-service locations in Manitowoc, Appleton, Green Bay, and
Stevens Point and our loan production offices in Darlington, Eau
Claire, Fond du Lac and Sheboygan.
Investor Relations ContactGlen L. StiteleyEVP -
CFO, Investors Community BankPhone: (920) 686-5658 Email:
gstiteley@icbk.com
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