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Article: American State Bank sets dividend, elects officers.(Banking Notes)(Brief Article)
- Article from:
- Arkansas Business
- Article date:
- April 25, 2005
CopyrightCOPYRIGHT 2005 Journal Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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American State Bank Corp. of Jonesboro, the parent company of American State Bank, declared a dividend of 50 cents a share payable May 31 to stockholders of record on April 15.
Frank Oldham, who also serves as chairman, president and CEO, said 2004 was the most profitable year for American State Bank. Net operating income was up 41 percent and assets increased by 24 percent. At the end of 2004, American State Bank's total assets were more than $333 million with deposits of $285 million.
At American State Bank Corp.'s recent annual meeting, corporation board members elected were Oldham, chairman; Dr. Robert Landry, Southern Eye Associates Ltd., vice ...
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Article: Peoples Community Bancorp, Inc. Completes American ...
Business Wire;
June 14, 2005 ;
700+ words
... ... Corporation and its wholly-owned subsidiary, American State Bank, effective June 10, 2005. This transaction ... and, thereafter, the dissolution of American State Corporation, resulting in American State Bank becoming a wholly-owned subsidiary ...
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