Third Century Bancorp Announces Dividend

Rhea-AI Summary

Third Century Bancorp (TDCB) announced a dividend of $0.10 per share, declared on August 18, 2022, for shareholders of record on September 15, 2022. The payment is scheduled for October 4, 2022. With assets of $272 million as of June 30, 2022, Mutual Savings Bank, the parent company of TDCB, continues to operate multiple branches in Indiana, including locations in Franklin, Trafalgar, and Greenwood.

Positive

• Declared a dividend of $0.10 per share, demonstrating financial stability and commitment to shareholders.
• Total assets of $272 million as of June 30, 2022 show a solid financial foundation.

Negative

• None.

FRANKLIN, Ind.--(BUSINESS WIRE)-- OTCPINK: TDCB - Third Century Bancorp, an Indiana corporation and parent company of Mutual Savings Bank, announced today that on August 18, 2022, the Board of Directors declared a dividend of $0.10 per share for shareholders of record on September 15, 2022. The dividend is expected to be paid on October 4, 2022.

Founded in 1890, Mutual Savings Bank is a full-service financial institution with $272 million in assets as of June 30, 2022. In addition to its main office at 80 East Jefferson Street, Franklin, Indiana, the bank operates branches in Franklin at 1124 North Main Street, as well as Trafalgar and Greenwood, Indiana.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220819005279/en/

David A. Coffey, President and Chief Executive Officer

Ryan W. Cook, Senior Vice President and Chief Financial Officer

Tel. 317-736-7151

Fax 317-736-1726

Source: Third Century Bancorp

FAQ

What is the dividend amount declared by TDCB in 2022?

Third Century Bancorp declared a dividend of $0.10 per share.

When is TDCB's dividend payment date?

The dividend is expected to be paid on October 4, 2022.

Who are the shareholders of record for TDCB's 2022 dividend?

Shareholders of record on September 15, 2022, are eligible for the dividend.

What is the financial status of Third Century Bancorp?

As of June 30, 2022, Third Century Bancorp has total assets of $272 million.