First Mountain Bancorp Declares Stock Dividend.BIG BEAR LAKE, Calif. -- First Mountain Bancorp (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FMBP FMBP Framed Movable Boundary Protocol ) today announced that on April 16, 2007, the Board of Directors of First Mountain Bancorp, parent company of First Mountain Bank, declared a stock dividend of 5% on each of its issued and outstanding common shares payable June 20, 2007, to shareholders of record at the close of business on May 25, 2007. As previously reported Bancorp recorded strong consolidated earnings for 2006 and for the first quarter of 2007. "We are pleased that our earnings and financial position make this distribution possible," stated Jack Briner, 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. . First Mountain Bancorp is the parent company of First Mountain Bank which is headquartered in Big Bear Lake and has four offices serving the Big Bear and high desert areas of Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . For further information contact Jack Briner, CEO or Dennis Saunders, President/CFO at (909) 866-5861. |
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