SOURCE: Princeton National Bancorp, Inc.

August 04, 2008 11:56 ET

Princeton National Bancorp, Inc. Declares 94th Consecutive Dividend

PRINCETON, IL--(Marketwire - August 4, 2008) - Princeton National Bancorp, Inc. (NASDAQ: PNBC)

The Board of Directors declared a $.28 per share dividend, payable August 26, 2008, to those shareholders of record as of August 8, 2008. This represents a 3.7% increase over the August 2007 dividend and is comparable to the May 2008 dividend. This is the Company's 94th consecutive dividend.

President Tony J. Sorcic stated, "The Board continues its focus on enhancing shareholder return, which is evidenced by the consistent dividend stream and the 39.3% increase in fully diluted earnings per share during the first six months of 2008 when compared to the same period in 2007."

Princeton National Bancorp, Inc. is the parent holding company of Citizens First National Bank, a $1.105 billion community bank with strategic locations in 8 counties in northern Illinois. The Company is well-positioned in the high growth counties of Will, Kendall, Kane, Grundy, DeKalb and LaSalle plus Bureau and Marshall. Communities include: Aurora, DePue, Genoa, Hampshire, Henry, Huntley, Millbrook, Minooka, Newark, Oglesby, Peru, Plainfield, Plano, Princeton, Sandwich, Somonauk and Spring Valley. The Subsidiary Bank, Citizens First National Bank, provides financial services to meet the needs of individuals, businesses and public entities.

Contact Information

  • Inquiries should be directed to:
    Lou Ann Birkey
    Vice President - Investor Relations
    Princeton National Bancorp, Inc.
    (815)875-4444
    E-Mail address: Email Contact