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FF BANCORP, INC. ANNOUNCES FOURTH QUARTER DIVIDEND

 NEW SMYRNA BEACH, Fla., Oct. 21 /PRNewswire/ -- Frances R. Ford, chairman and president of FF Bancorp, Inc. (NASDAQ-NMS: FFSB) ("company"), the parent holding company of First Federal Savings Bank of New Smyrna and First Federal Savings Bank of Citrus County, Inverness, Fla., announced today that the company's board of directors has declared a cash dividend on the company's common stock of $.12 per share to shareholders of record on Dec. 20, 1993 and payable on Dec. 30, 1993. "The company has reported record earnings and management hopes to continue to share these results with its shareholders," said Ford.
 The company, headquartered in New Smyrna Beach, Fla., provides personalized banking services through its independent thrift subsidiaries in Volusia County and Citrus County, Fla. At Sept. 30, 1993, FF Bancorp had total assets of $542 million and stockholders' equity of $39.8 million. The common stock of FF Bancorp is traded in the over-the-counter market and is quoted on the NASDAQ system under the symbol "FFSB".
 -0- 10/21/93
 /CONTACT: Tildon W. Smith, executive vice president, FF Bancorp, 904-726-1237/
 (FFSB)


CO: FF Bancorp, Inc. ST: Florida IN: FIN SU: DIV

RK-PC -- FL010 -- 5123 10/21/93 11:16 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
Words:198
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