WARRENTON, Va., Nov. 17, 2017 /PRNewswire/ -- The Board of
Directors of Fauquier Bankshares, Inc. (NASDAQ: FBSS) recently
announced a quarterly dividend of $0.12 per share. This dividend was declared for
shareholders of record as of the close of business on December 15, 2017 and will be payable on
January 2, 2018. The $0.12 per share dividend represents a
$0.48 dividend on an annualized
basis.
Fauquier Bankshares, Inc. and its principal subsidiary, The
Fauquier Bank, had combined assets of $631.7
million and total shareholders' equity of $57.2 million at September
30, 2017. The Fauquier Bank is an independent,
locally-owned, community bank offering a full range of financial
services, including internet banking, mobile bank with mobile
deposit, commercial, retail, insurance, wealth management, and
financial planning services through eleven banking offices located
in Fauquier and Prince William Counties in Virginia.
This news release may contain "forward-looking
statements" as defined by federal securities laws. These
statements address issues that involve risks, uncertainties,
estimates and assumptions made by management, and actual results
could differ materially from the results contemplated by these
forward-looking statements. Factors that could have a material
adverse effect on our operations and future prospects include, but
are not limited to, changes in: interest rates and the shape of the
interest rate yield curve, general economic conditions,
legislative/regulatory policies, monetary and fiscal policies of
the U.S. Government, including policies of the U.S. Treasury and
the Board of Governors of the Federal Reserve System, the quality
or composition of the loan and/or investment portfolios, demand for
loan products, deposit flows, competition, demand for financial
services in our market area, our plans to expand our branch network
and increase our market share, and accounting principles, policies
and guidelines. Other risk factors are detailed from time to time
in our Securities and Exchange Commission filings. Readers should
consider these risks and uncertainties in evaluating our
forward-looking statements and should not place undue reliance on
such statements. We undertake no obligation to update these
statements following the date of this news release.
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SOURCE Fauquier Bankshares, Inc.