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Frederick County Bancorp Increases Dividend 20 Percent

 

June 26 - Frederick (Md.) County Bancorp Inc. (OTCQB Marketplace: FCBI), the parent company for Frederick County Bank, has announced a quarterly cash dividend on its common stock of 6 cents per share, an increase of 1 cent per share or 20 percent over the previous cash dividend of 5 cents per share. This cash dividend is payable on Aug. 9, 2013, to shareholders of record on July 12, 2013.

"We are pleased to announce our sixth consecutive quarterly cash dividend, reflective of FCB's successful financial performance and the board of directors' continued confidence in the future of the bank," said President and CEO Martin S. Lapera. "We are also proud of both the hard work by the bank's employees and the unwavering support of the community that have enabled FCB to continue to reward our many loyal shareholders."

Frederick County Bank has posted positive quarterly earnings continuously since 2002, its second year in operation. The bank is headquartered in Frederick, Md., and conducts full-service commercial banking services through five bank centers, four of which are in the City of Frederick and one office located in Walkersville, Md. 



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