Allegiant Bancorp, Inc. and Allegiant Capital Trust II Announce Fourth Quarter Dividend on Trust Preferred Securities.Business Editors ST. LOUIS--(BUSINESS WIRE)--March 3, 2004 Allegiant Bancorp, Inc. ("Allegiant"), (Nasdaq:ALLE ALLE Alberta Language Learning Environment (University of Calgary, Canada) ) (www.allegiantbank.com) and its subsidiary, Allegiant Capital Trust II (the "Trust"), (Nasdaq:ALLEP) today announced the payment of the dividend on the Trust's 9.00% Cumulative Trust Preferred Securities. The dividend of $0.5625 per trust preferred security, liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts. A type of proceeding pursuant to federal Bankruptcy amount $25 per security, is payable on March 31, 2004 to record holders at the close of business on March 15, 2004. Allegiant Bancorp, Inc. is the largest publicly held bank holding company headquartered in the St. Louis, Missouri metropolitan area and the parent company of Allegiant Bank. Allegiant has 36 full-service banking locations, with at least one branch located within a 20-minute drive from all principal sectors of the St. Louis, Missouri metropolitan area. Allegiant focuses on providing banking services to small and mid-sized businesses and individuals by offering a full range of banking services, including mortgage banking, private banking, brokerage services, insurance products and wealth management and other fiduciary fiduciary (fĭd  `shēĕ'rē), in law, a person who is obliged to discharge faithfully a responsibility of trust toward another. services in addition to traditional retail and commercial loan and
deposit products.
As of December 31, 2003, Allegiant reported, on a consolidated basis, total assets of $2.5 billion, loans of $1.8 billion, deposits of $1.7 billion and shareholders' equity Shareholders' Equity A firms' total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity is the amount by which a company is financed through common and preferred shares. of $198.6 million. Certain statements in this release relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc present or future trends or factors affecting the banking industry and, specifically, the operations, markets and products of Allegiant Bancorp, Inc., may be deemed to be forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Allegiant's actual strategies and results in future periods may differ materially from those currently expected due to various risks and uncertainties. Additional discussion of factors affecting Allegiant's business and prospects is contained in Allegiant's periodic and other filings with the Securities and Exchange Commission. Allegiant undertakes no obligation to report revisions to these forward-looking statements or reflect events or circumstances after the date of this release. |
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