1st National Bank & Trust Stock Included in America's Community Bankers, NASDAQ Community Bank Index.Business Editors BRADENTON, Fla.--(BUSINESS WIRE)--Feb. 10, 2004 1st National Bancshares Inc. (Nasdaq:FBMT FBMT Fachverband Bio-Medizinische Technik e.V. FBMT Fire Blasting Magikarp Tournament (gaming) ), a Bradenton based holding company and parent company of 1st National Bank & Trust, is pleased to announce that it has been chosen to be among the community-based banks included in the newly launched America's Community Bankers (ACB ACB American Council of the Blind ACB Asia Commercial Bank ACB America's Community Bankers ACB Adjusted Cost Base ACB Alliance for the Chesapeake Bay ACB Amphibious Construction Battalion (US Navy) ACB Australian Cricket Board ) NASDAQ Index. The America's Community Bankers and NASDAQ developed this index as a yardstick for the capital markets to use in measuring the performance of community bank stocks. The index includes 545 NASDAQ-listed community banks with a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of approximately $175 billion. "We are pleased that Manatee County's oldest community bank is recognized by the America's Community Bankers in this index," states Rip duPont, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This index is a great measure of the importance of community banking." |
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