Contact Information: Contact: Emily Boardman Treasurer 260-563-3185 x290
FFW Corporation Announces Quarterly Cash Dividend
| Source: FFW Corporation
WABASH, IN--(Marketwire - February 27, 2008) - FFW Corporation (OTCBB : FFWC ) (2/26/2008 Close:
$24.20), parent corporation of Crossroads Bank, formerly First Federal
Savings Bank of Wabash, has approved a quarterly cash dividend of $0.21 per
share of common stock. The dividend is payable March 31, 2008 to
shareholders of record on March 14, 2008. The dividend represents a 10.53%
increase over the cash dividend of $0.19 paid the prior year's same
quarter.
The book value of FFW Corporation stock was $22.68 per share as of January
31, 2008. The last reported trade of stock at the close of business on
February 26, 2008 was $24.20 per share and the number of outstanding shares
was 1,166,010 as of the same date. On January 31, 2008, the corporation
had assets of $308.1 million and shareholders' equity of $26.4 million.
Crossroads Bank continues to exceed all applicable regulatory capital
requirements.
Crossroads Bank is a wholly owned subsidiary of FFW Corporation providing
an extensive array of banking services and a wide range of investments and
securities products through its main office in Wabash and four banking
centers located in Columbia City, North Manchester, South Whitley, and
Syracuse, IN. The Bank provides leasing services at its banking centers and
its Carmel, IN leasing and commercial loan office. Insurance products are
offered through an affiliated company, Insurance 1 Services, Inc. The
corporation's stock is traded on the OTC Bulletin Board under the symbol
"FFWC.OB." Our website address is www.crossroadsbanking.com.