Printer Friendly

DAUPHIN DEPOSIT FILES 350,000 SHARES OF COMMON STOCK WITH SEC

 DAUPHIN DEPOSIT FILES 350,000 SHARES OF COMMON STOCK WITH SEC
 HARRISBURG, Pa., March 3 /PRNewswire/ -- Dauphin Deposit Corporation (NASDAQ: DAPN) announced it has filed a registration with the Securities and Exchange Commission (SEC) today covering 350,000 shares of common stock.
 Bear, Stearns & Co. Inc. has been named sole underwriter of the public common stock offering. The sale of stock is being done in order to account for the previously announced acquisition of FB&T Corporation on a pooling basis. Dauphin Deposit Corporation currently has 12,455,976 common shares outstanding. Net proceeds from the offering will be used for general corporate purposes and possible funding of future acquisitions.
 Dauphin Deposit Corporation, with $3.6 billion in assets, headquartered in Harrisburg, is the area's largest independent bank holding company. It serves central and eastern Pennsylvania with 85 branch offices in seven counties. Its major subsidiary, also headquartered in Harrisburg, is Dauphin Deposit Bank and Trust Company, which includes the Bank of Pennsylvania Division based in Reading, Pa.
 ------
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 /delval/
 -0- 3/3/92
 /CONTACT: N. Bruce Pinto, vice president of Dauphin Deposit, 717-255-2066/
 (DAPN) CO: Dauphin Deposit Corporation ST: Pennsylvania IN: FIN SU: OFR


MK-LJ -- PH014 -- 4427 03/03/92 10:52 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 3, 1992
Words:299
Previous Article:MITCHELL ENERGY REPORTS THREE NEW MEXICO PRODUCERS
Next Article:BIG THREE TO BUILD AIR SEPARATION AND COGENERATION UNITS IN SOUTHEAST TEXAS
Topics:


Related Articles
DAUPHIN DEPOSIT DECLARES DIVIDEND
DAUPHIN DEPOSIT CORPORATION DECLARES DIVIDEND
DAUPHIN DEPOSIT AUTHORIZES 1,000,000 SHARE REPURCHASE; DECLARES QUARTERLY DIVIDEND
DAUPHIN DEPOSIT CORPORATION DECLARES DIVIDEND
DAUPHIN DEPOSIT INCREASES CASH DIVIDEND 8.7%; AUTHORIZES 1,000,000 SHARE REPURCHASE
DAUPHIN DEPOSIT AUTHORIZES 1,500,000 SHARE REPURCHASE
DAUPHIN DEPOSIT CORPORATION DECLARES DIVIDEND
DAUPHIN DEPOSIT CORPORATION DECLARES DIVIDEND
DAUPHIN DEPOSIT CORPORATION INCREASES DIVIDEND FOR 19TH CONSECUTIVE YEAR
DAUPHIN DEPOSIT CORPORATION ANNOUNCES DIVIDEND

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters