Lakestone Bank & Trust (OTC: CBNC) Declares Dividend
The Board of Directors of County Bank Corp has approved a cash dividend of $.37 per share payable on March 29, 2019 to shareholders of record on March 15, 2019. The dividend totals $646,347.08 and marks the 24th consecutive quarter the Corporation has paid a cash dividend.
Corporate assets at February 28, 2019 total $628 million, an increase of $11 million since 2018 year-end. Total deposits are $560 million and loans outstanding are $377 million. Net profit at the corporate level through February, 2019 is $1.221 million.
We’re confident the financial performance of the Bank will improve throughout the year and both the Bank and Corporation will reach their respective financial goals.
As of February 28, 2019, the stock is trading at $47.47, or 132.6% of book value per share. Additional information regarding the stock, the corporation’s market-maker and financial details are available at the Bank’s website, LAKESTONEbank.com