Third Century Bancorp Announces Dividend

Rhea-AI Summary

Third Century Bancorp (TDCB), based in Indiana, declared a $0.10 per share dividend for shareholders of record on December 15, 2022, with a payment date set for January 4, 2023. As of September 30, 2022, the bank reported $272 million in assets, reinforcing its stability within the financial sector. Founded in 1890, Mutual Savings Bank operates multiple branches across Franklin, Trafalgar, and Greenwood, Indiana.

Positive

• Declared a dividend of $0.10 per share.
• Strong asset base of $272 million as of September 30, 2022.

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• None.

FRANKLIN, Ind.--(BUSINESS WIRE)-- OTCPINK: TDCB -Third Century Bancorp, an Indiana corporation and parent company of Mutual Savings Bank, announced today that the Board of Directors declared a dividend of $0.10 per share for shareholders of record on December 15, 2022. The dividend payable date is January 4, 2023.

Founded in 1890, Mutual Savings Bank is a full-service financial institution with $272 million in assets as of September 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 in Trafalgar and Greenwood, Indiana.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221117006117/en/

Contact: 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 Third Century Bancorp (TDCB)?

The declared dividend amount is $0.10 per share.

When is the dividend payable date for TDCB?

The dividend is payable on January 4, 2023.

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

Shareholders of record as of December 15, 2022, will receive the dividend.

What is the total asset value of Third Century Bancorp?

Third Century Bancorp has total assets of $272 million as of September 30, 2022.