CNB Bancorp, Inc. Announces Record Cash Dividends.Business Editors GLOVERSVILLE, N.Y.--(BUSINESS WIRE)--Aug. 10, 2001 CNB CNB Czech National Bank CNB Centro Nacional de Biotecnologia CNB City National Bank CNB Citizens National Bank CNB Croatian National Bank CNB Chloronitrobenzene CNB Corresponsales No Bancarios (Spanish, Colombia) Bancorp, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CNBI CNBI Communications Network Billing, Inc. - News) today reported that a cash dividend of $.17 per share was declared recently by the Board of Directors of CNB Bancorp, Inc. The dividend will be paid August 20, 2001 to shareholders of record as of August 13, 2001. The quarterly dividend of $.17 per share represents an increase of 6.25% compared to the third quarter of 2000. CNB Bancorp, Inc. is a financial holding company with its principal office in Gloversville, New York Gloversville is a city in Fulton County, New York, that was once the hub of America's glovemaking industry. In 2000, it had a population of 15,413. History The region, known as "Kingsborough" was acquired by Sir William Johnson, later to become one of the most important . The company operates two subsidiaries: City National Bank and Trust Company, which provides a full range of personal and commercial banking products as well as personal and business trust services; and Hathaway Agency, Inc., which provides general insurance services. This news release may be deemed to include forward-looking statements, such as statements that relate to financial goals, business outlook and credit quality. Actual results could differ materially from those indicated by these statements. CNB Bancorp's 2000 Annual Report to Shareholders and 2000 and 2001 periodic reports to the SEC, including the section of the Annual Report of Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2000 captioned "Forward-Looking Information," contain additional information about factors that could affect actual results. |
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