Centennial Bancorp Announces 2002 Second Quarter Dividend; Schedules Investors Teleconference.Business Editors Centennial Bancorp (Nasdaq:CEBC CEBC Center for Ethical Business Cultures (University of St. Thomas) CEBC Consulting Engineers of British Columbia CEBC Centre d'Études Biologiques de Chize CEBC Conselho Empresarial Brasil-China CEBC Centre For Evidence-Based Conservation ), the parent of Centennial Bank, today announced its Board of Directors declared a $0.04 per share quarterly cash dividend to be paid August 1, 2002 to shareholders of record on July 15, 2002. "This is Centennial's fifth consecutive cash dividend since we initiated our program at mid-year 2001," said Ted R. Winnowski, 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. of Centennial Bancorp and Centennial Bank. "Issuing cash dividends is a significant way to consistently reward our shareholders." Investors Teleconference Scheduled Thursday, July 18th at 11:00 AM PDT PDT abbr. Pacific Daylight Time PDT Pacific Daylight Time PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del Pacífico PDT Centennial plans to report second quarter results on Thursday, July 18, 2002. Mr. Winnowski and members of Centennial Bank's senior management will discuss the Company's 2002 second quarter results of operations via teleconference at 11:00 AM Pacific Daylight Time (PDT) on Thursday, July 18, 2002. The session will include discussion of quarter-end financial results, business outlook and credit quality, and is expected to last about an hour. Shareholders and other interested individuals can call toll-free 1-888-636-8212 to attend this teleconference. A period for questions will be provided. The session will be recorded, and an audio replay will be made available two hours after the session ends. The replay access phone number is 1-800-642-1687. You will be asked to provide the conference identification number: 4621490, followed by the pound sign. This information also will be posted on the Centennial Bank website--www.centennialbank.com. About Centennial Bancorp Centennial Bancorp is a bank holding company organized in 1981, whose subsidiary is Centennial Bank, both headquartered in Portland, Oregon Oregon, city, United States Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products. . Centennial Bank is a full-service business bank and currently operates twenty-three banking offices. Fourteen are in the Portland metropolitan area The Portland-Vancouver, Oregon-Washington, Metropolitan Statistical Area, also known as the Portland metropolitan area or Greater Portland, is an urban area in the U.S. states of Oregon and Washington centered around the city of Portland, Oregon. ; two in Vancouver, Washington
Vancouver, Washington is a city on the north bank of the Columbia River, in the state of Washington, USA. It is the county seat of Clark County. ; one in Salem; and six in Lane County. The Bank also operates four mortgage lending offices, and six commercial banking centers directed to the needs of middle market commercial customers. This month Centennial Bank begins its 25th year as an Oregon-based community financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company. Centennial Bancorp's common stock is traded on the NASDAQ National Market and is included in the Russell 2000(R)Index under the symbol "CEBC." For more information, please contact Centennial Bancorp, One SW Columbia Street, Suite 900, Portland, Oregon 97258. Telephone: 503/973-5556; FAX: 503/973-5557. Web address: www.centennialbank.com. This release contains 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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995, including statements concerning the continued financial performance of the company and its plans and opportunities for future growth. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially than those expected. Specific risks include, but are not limited to, general business and economic conditions, competitive factors, pricing pressures and other factors listed from time to time in Centennial Bancorp's SEC reports. |
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