FREDERICK, Md., June 23, 2015 /PRNewswire/ -- Frederick
County Bancorp, Inc. (the "Company") (OTCPink Marketplace: FCBI),
the parent company for Frederick County Bank ("FCB" or the "Bank"),
announced today a quarterly cash dividend on its common stock of
$0.07 per share declared on
June 22, 2015. This cash dividend is
payable on August 15, 2015 to
shareholders of record on July 10,
2015.
"We are pleased to announce our fourteenth consecutive quarterly
cash dividend, reflective of FCB's successful financial performance
and the Board of Directors' continued confidence in the future of
the Bank," said President and CEO Martin S.
Lapera. "We are also proud of both the hard work by the
Bank's employees and the unwavering support of the community that
have enabled FCB to continue to reward our many loyal
shareholders."
Frederick County Bank is headquartered in Frederick, Maryland, and conducts full service
commercial banking services through five bank centers located in
Frederick County,
Maryland.
The statements in this press release that are not historical
facts constitute "forward-looking statements" as defined by Federal
Securities laws. Forward-looking statements can generally be
identified by the use of forward- looking terminology such as
"believes," "expects," "intends," "may," "will," "should,"
"anticipates" or similar terminology. Such statements,
specifically regarding the Company's intentions regarding growth
and market expansion, are subject to risks and uncertainties that
could cause actual results to differ materially from future results
expressed or implied by such forward-looking statements. Potential
risks and uncertainties include, but are not limited to, changes in
interest rates, deposit flows, loan demand and real estate values,
as well as changes in economic, competitive, governmental,
regulatory, technological and other factors which may affect the
Company specifically, its existing and target market areas or the
banking industry generally. Forward-looking statements speak
only as of the date they are made. The Company will not
update forward-looking statements to reflect factual assumptions,
circumstances or events that have changed after a forward-looking
statement was made.
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SOURCE Frederick County Bancorp, Inc.