Port City Bank declares dividend
Published 7:34 pm Friday, July 16, 2010
Port City Holding Company Inc., the parent company of First Port City Bank, has declared a second-quarter dividend of 25 cents per share, according to Charles R. Rozier, chairman of the board, and Charles S. Bowles Jr., president and CEO.
The dividend will be payable to stockholders of record as of May 1, 2010, and was paid the first week of July.
“Over the past 35 years, the support of this community, our customers, our shareholders and our employees has been what the success of the First Port City Bank is all about. We are very pleased to share the earnings of the company with the people that have made First Port City Bank what it is,” Bowles said.
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“Our ability to quickly respond to our customer’s requests using a common sense approach has resulted in First Port City Bank’s solid loan growth and good credit quality,” Bowles said. “We continue to look for opportunities to meet customers needs for both loans and deposits,” Bowles said.