Jefferson Bankshares, Inc. (JFBF) Announces 10% Stock Dividend

OLDSMAR, Fla.--()--On May 25, 2016, Jefferson Bankshares’ Board of Directors declared a 10% stock dividend payable on June 15, 2016 to shareholders of record as of June 1, 2016. After the dividend, the number of outstanding shares will be approximately 2,698,000. Fractional shares will be paid at $10.50 per share.

“We are gratified by our customers’ trust in Jefferson Bank, Tampa Bay’s Go-To Community Bank. Our shareholders, board and team of Jefferson bankers continue to work diligently to meet the banking needs of the entrepreneurs, professionals and residents in our markets of Pinellas, Hillsborough and Pasco counties. While not at a quarter end, Jefferson is on track to continue its growth in earnings and core deposits,” said Bob McGivney, Chairman & CEO of Jefferson Bank.

Jefferson Bank has offices in Pinellas, Hillsborough, Pasco counties and virtually everywhere.

About Jefferson Bankshares, Inc.

Jefferson Bankshares, Inc. is a Florida corporation and the parent bank holding company for Jefferson Bank of Florida, a Florida-chartered commercial bank. Jefferson Bankshares, Inc. is headquartered in Oldsmar, Florida. Stock trades on OTC- Bulletin Board under JFBF.”

About Jefferson Bank of Florida

Jefferson Bank (member FDIC) is a 5-star rated community bank, founded by a local Board of Directors, owned by local shareholders, and operated by seasoned, local bankers. The bank is focused on serving the entrepreneurs, professionals and residents of the markets we serve. We understand the condition of the local market because we live here. Jefferson Bank provides a full range of financial services including business and personal loans. Find Jefferson Bank at www.JeffersonBank.bank. Jefferson Bank is a subsidiary of Jefferson Bankshares, Inc. “Tampa Bay’s Go-To Community Bank” is a registered trademark.

This document contains forward-looking statements. Words such as “may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project,” and similar expressions constitute “forward-looking statements.” These statements are not guarantees of performance. They involve risk, assumptions, uncertainty, and a variety of factors which could cause results to differ from the expectations expressed herein. You are cautioned not to put undue reliance on any forward-looking statement. Any such statement speaks only as of the date hereof. We do not have a policy of updating or revising forward-looking statements and our silence over time should not be construed to mean that actual events are occurring as expressed herein.

Contacts

Jefferson Bankshares, Inc.
Robert McGivney, 1-813-855-7500
RMcGivney@jeffersonbank.bank

Release Summary

Jefferson Bankshares, Inc. Announces 10% Stock Dividend.

Contacts

Jefferson Bankshares, Inc.
Robert McGivney, 1-813-855-7500
RMcGivney@jeffersonbank.bank