FOR IMMEDIATE RELEASE Contact: K. Stephen Morris, President and CEO 304-876-9025
President and CEO of Jefferson Security Bank (OTCBB: JFWV), K. Stephen Morris, announced that the Board of Directors has approved a semiannual dividend in the amount of $0.60 per share, payable on December 14, 2012 to shareholders of record on December 3, 2012. This dividend represents an increase of $0.10 over the $0.50 per share dividend paid in June 2012.
Jefferson Security Bank, founded in 1869, is a community bank engaged in the general banking business in Berkeley County and Jefferson County, West Virginia, and Washington County, Maryland.
This press release may contain forward-looking statements, as defined by federal securities laws, which may involve significant risks and uncertainties. The statements are based on estimates and assumptions made by management in conjunction with other factors deemed appropriate under the circumstances. Actual results could differ materially from current projections. Readers are encouraged to read filings the Bank has made with the Federal Deposit Insurance Corporation for additional information.
Offices: 105 East Washington Street, Shepherdstown, WV (304-876-9000) 7994 Martinsburg Pike, Shepherdstown, WV (304-876-2800) 873 East Washington Street, Charles Town, WV (304-725-9752) 277 Mineral Drive, Suite 1, Inwood, WV (304-229-6000) 1861 Edwin Miller Boulevard, Martinsburg, WV (304-264-0900) 103 West Main Street, Sharpsburg, MD (301-432-3900)