PNBC Princeton National Bancorp Inc (CE)

Princeton National Bancorp, Inc. (NASDAQ:PNBC) The Board of Directors has declared a dividend of $.24 per share, payable February 24, 2006, to those shareholders of record as of February 3, 2006. This represents a 4.3% increase over the November 2005 dividend and a 14.3% increase over the February 2005 dividend. This is the Company's 84th consecutive dividend. President Tony J. Sorcic stated, "The dividend per share for 2005 was $1.03 (including the special dividend of $.15 per share which was paid in November of 2005). This represents a 7.3% increase from 2004 and a 15.7% increase from 2003. Based on the annual dividend of $.88 per share and the closing year-end stock price of $33.25 per share, the annualized dividend yield was 2.65%. Including the special dividend, the yield was 3.10%. The dividend has been increased nine times over the last twelve quarters and 2005 was the fifth consecutive year the Company declared a special dividend. This, together with the increase in the quarterly dividend, represents the Company's goal to share its success with our shareholders." Princeton National Bancorp, Inc. is a $945.3 million community bank with locations throughout northern Illinois, several of which are in high-growth markets and two additional locations (Aurora and Elburn) which will also be in high-growth markets. These communities include: Huntley, Hampshire, Minooka, Sandwich, Somonauk, Plano, Genoa, Millbrook, Newark, Peru, Princeton, Henry, Oglesby, Spring Valley and DePue. The Subsidiary Bank, Citizens First National Bank, provides financial services to meet the needs of individuals, businesses and public entities.