American Bank Announces a Cash Dividend.Business Editors ROCKVILLE Rockville, city (1990 pop. 44,835), seat of Montgomery co., W central Md., a NW suburb of Washington, D.C.; settled c.1760s, inc. as a city 1860. It has several scientific research and technology laboratories that focus on the aerospace, electronics, nuclear energy, , Md.--(BUSINESS WIRE)--Oct. 24, 2002 American Bank (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BKMD) Silver Spring, Maryland Not to be confused with Silver Springs. Silver Spring is an urbanized, unincorporated area in Montgomery County, Maryland, USA. After Baltimore and Columbia, Silver Spring is the third most populous Census Designated Place in Maryland. , President and 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. , Phillip C. Bowman, announced that The Board of Directors has declared a Four cents ($0.04) cash dividend per share of common stock to shareholders of record as of November 15, 2002. The dividend is payable on November 29, 2002. The Board of Directors feels given the strength of our capital and the strong third quarter earnings it is appropriate to continue to reward the shareholders with a quarterly cash dividend. This press release contains forward looking statements regarding the Bank's anticipated future results of operations, which are subject to risks and uncertainties. Actual future results may differ materially from current expectations as a result of changes in general economic conditions, including interest rates, competition, loan demand and other factors. |
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