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FIRST HARRISBURG BANCOR ELECTS CHAIRMAN, REPORTS EARNINGS AND DIVIDEND

FIRST HARRISBURG BANCOR ELECTS CHAIRMAN, REPORTS EARNINGS AND DIVIDEND
 HARRISBURG, Pa., April 24 /PRNewswire/ -- Robert H. Trewhella, president of First Harrisburg Bancor, Inc. (NASDAQ-NMS: FFHP), announced the election of Bruce S. Isaacman as chairman of the board.
 Isaacman is senior partner with Isaacman Kern & Company, certified public accountants. Retiring board chairman Sydney D. Caplan was appointed chairman emeritus. Trewhella reported the company earned consolidated after tax earnings of $522,900 or $.60 per share for the first quarter ended March 31, 1992, compared to $327,000 or $.38(A) per share for the first quarter ended
March 31, 1991. These first quarter earnings represented a 59.9 percent increase over the prior period.
 Trewhella also announced the board of directors declared a quarterly cash dividend of 10 cents per share payable on May 15, 1992, to stockholders of


record at the close of business on May 5.
 First Harrisburg Bancor is a federally chartered stock company trading on the NASDAQ National Market System, under the symbol "FFHP."
 (A) Earnings per share were adjusted retroactively to reflect the 10 percent stock dividend in November 1991 and November 1989.
 FIRST HARRISBURG BANCOR, INC.
 (Unaudited)
 First quarter ended March 31 1992 1991
 Assets $235,424,300 $239,790,600
 Net Income 522,900 327,000
 Avg.Sh. O/S Primary 878,414 864,151
 Avg.Sh. O/S Diluted 882,164 864,151
 Earnings Per Share:
 Net Inc. Primary $.60 $.38
 Net Inc. Diluted .60 .38
 /delval/
 -0- 4/24/92
 /CONTACT: Michael S. Leonzo of First Harrisburg Bancor, 717-232-6661/
 (FFHP) CO: First Harrisburg Bancor, Inc. ST: Pennsylvania IN: FIN SU: ERN DIV PER


JS-MK -- PH038 -- 2614 04/24/92 15:46 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:280
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