Contact Information: For More Information Contact: Emily Boardman Treasurer 260-563-3185 x290
FFW Corporation Announces Quarterly Cash Dividend
| Source: FFW Corporation
WABASH, IN--(Marketwire - November 23, 2007) - FFW Corporation (OTCBB : FFWC ) (11/21/2007 Close:
$25.75), parent corporation of First Federal Savings Bank of Wabash,
Indiana, has approved a quarterly cash dividend of $0.21 per share of
common stock. The dividend is payable December 31, 2007 to shareholders of
record on December 14, 2007. 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 $21.46 per share as of October
31, 2007. The last reported trade of stock at the close of business on
November 21, 2007 was $25.75 per share and the number of outstanding shares
was 1,177,768 as of the same date. On October 31, 2007, the corporation
had assets of $292.4 million and shareholders' equity of $25.3 million.
First Federal continues to exceed all applicable regulatory capital
requirements.
First Federal Savings 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.ffsbwabash.com.