Traditions Bancorp Announces First Quarter 2023 Cash Dividend

Rhea-AI Summary

On April 20, 2023, Traditions Bancorp (OTC Pink: TRBK) declared a quarterly cash dividend of eight cents per common share, set to be paid on May 15, 2023, to shareholders on record by the close of business on May 5, 2023. As of December 31, 2022, Traditions Bank reported assets totaling $777 million. Founded in 2002 and headquartered in York, Pennsylvania, Traditions Bank operates seven branches and a loan production office, serving the south-central Pennsylvania region. The bank is known for its residential mortgage services and has received Bauer Financial recommendations for over a decade.

Positive

• Quarterly cash dividend of eight cents declared.
• Strong financial position with assets of $777 million.

Negative

• None.

YORK, Pa., April 20, 2023 /PRNewswire/ -- On April 20, 2023, the Board of Directors of Traditions Bancorp (OTC Pink: TRBK), parent company of Traditions Bank, declared a quarterly cash dividend of eight cents per common share. The dividend will be paid on May 15, 2023, to shareholders of record at the close of business on May 5, 2023.

Formed in 2002 with administrative headquarters in York, Pennsylvania, Traditions Bank operates seven full-service branch offices located in York, Hanover, and Lancaster, as well as a loan production office in Lemoyne, Cumberland County. With assets of $777 million as of December 31, 2022 and 170 associates, Traditions Bank provides depository and borrowing services to businesses and individuals located in south-central Pennsylvania. The Bank is a leading provider of residential mortgages and has been a Bauer Financial recommended financial institution for more than a decade.

To learn more about Traditions Bancorp, visit www.traditionsbancorp.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/traditions-bancorp-announces-first-quarter-2023-cash-dividend-301803727.html

SOURCE Traditions Bancorp, Inc.

FAQ

What is the dividend amount declared by Traditions Bancorp on April 20, 2023?

Traditions Bancorp declared a quarterly cash dividend of eight cents per common share.

When will Traditions Bancorp pay the dividend?

The dividend will be paid on May 15, 2023.

What is the record date for the dividend payment from Traditions Bancorp?

The record date for the dividend payment is May 5, 2023.

How much are the assets of Traditions Bank as of December 31, 2022?

As of December 31, 2022, Traditions Bank reported assets totaling $777 million.