PFDC Peoples Bancorp (MM)

The Board of Directors of Peoples Bancorp (NASDAQ:PFDC), the holding company for Peoples Federal Savings Bank and First Savings Bank, declared a Fiscal 2006 first quarter dividend of $0.19 per share, according to Roger J. Wertenberger, Chairman. The dividend will be paid on January 19, 2006, to stockholders of record as of January 3, 2006. Thus far during Fiscal 2006, Peoples has not repurchased any shares of stock. As of November 16, 2005, Peoples had 3,340,425 shares outstanding. The closing price of Peoples Bancorp as of November 16, 2005 was $20.00 per share as listed on the NASDAQ National Marketing System under the symbol PFDC. Peoples Bancorp, through its Indiana subsidiary, Peoples Federal Savings Bank, operates nine full-service offices located in Auburn, Avilla, Garrett, LaGrange, Kendallville, Topeka, Waterloo and two in Columbia City, Indiana. Peoples Bancorp's Michigan subsidiary, First Savings Bank, operates six full-service offices located in Three Rivers (two offices), Schoolcraft and Union in Michigan and Howe and Middlebury in Indiana.