Abington Bancorp, Inc. Announces Quarterly Dividend
11 August 2011 - 10:30PM
Marketwired
Abington Bancorp, Inc. (the "Company") (NASDAQ: ABBC) announced
today that its Board of Directors at a meeting on August 10, 2011,
declared a quarterly cash dividend of $0.06 per share on the common
stock of the Company payable on September 7, 2011 to the
shareholders of record at the close of business on August 24, 2011.
Abington Bancorp, Inc. is the holding company for Abington Bank.
Abington Bank is a Pennsylvania-chartered, FDIC-insured savings
bank which was originally organized in 1867. Abington Bank conducts
business from its headquarters and main office in Jenkintown,
Pennsylvania as well as twelve additional full service branch
offices and seven limited service banking offices located in
Montgomery, Bucks and Delaware Counties, Pennsylvania. As of June
30, 2011, Abington Bancorp had $1.18 billion in total assets,
$840.7 million in deposits and $216.3 million in stockholders'
equity.
Statements contained in this news release which are not
historical facts may be forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are subject to risks and
uncertainties which could cause actual results to differ materially
from those currently anticipated due to a number of factors.
Factors which could result in material variations include, but are
not limited to, changes in interest rates which could affect net
interest margins and net interest income, competitive factors which
could affect net interest income and non-interest income, changes
in demand for loans, deposits and other financial services in the
Company's market area; changes in asset quality, general economic
conditions as well as other factors discussed in documents filed by
the Company with the Securities and Exchange Commission from time
to time. Investors are encouraged to access the Company's periodic
reports filed with the Securities and Exchange Commission for
financial and business information regarding the Company at
www.abingtonbank.com under the Investor Relations menu. The Company
undertakes no obligation to update these forward-looking statements
to reflect events or circumstances that occur after the date on
which such statements were made.
Additional Information And Where To Find It
Susquehanna has filed with the SEC a registration statement on
Form S-4 concerning the Merger. The registration statement included
a prospectus for the offer and sale of Susquehanna common stock to
the Company's shareholders as well as a joint proxy statement of
each of the Company and Susquehanna, which has been mailed to their
respective shareholders. The Joint Proxy Statement/Prospectus and
other documents filed by Susquehanna with the SEC contain important
information about Susquehanna, the Company and the Merger. We urge
investors and the Company's shareholders to read carefully the
Joint Proxy Statement/Prospectus and other documents filed with the
SEC, including any amendments or supplements also filed with the
SEC. Investors and shareholders can obtain a free copy of the Joint
Proxy Statement/Prospectus - along with other filings containing
information about Susquehanna - at the SEC's website at
http://www.sec.gov. Copies of the Joint Proxy Statement/Prospectus,
and the filings with the SEC incorporated by reference in the Joint
Proxy Statement/Prospectus, can also be obtained free of charge by
directing a request to Abington Bancorp, Inc., 180 Old York Road,
Jenkintown, Pennsylvania 19046, Attention Robert W. White,
President, telephone (215) 886-8280.
Contact: Robert W. White Chairman, President and CEO or Jack
Sandoski Senior Vice President and CFO (215) 886-8280
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