Home Federal Bancorp Announces Dividend.COLUMBUS, Ind. -- Home Federal Bancorp ("the Company") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :HOMF), the holding company of HomeFederal Bank of Columbus, Indiana Columbus (IPA: [kəˈlʌm.bəs]) is the county seat of Bartholomew County, Indiana. The population was 39,059 at the 2000 census. The current mayor is Fred Armstrong. (the "Bank"), today announced a first quarter dividend of $0.1875 (18.75 cents) per share. The dividend will be paid on April 1, 2005, to all shareholders of record on March 21, 2005. In November, 2004 Home Federal announced that the Board of Directors had approved the repurchase, from time to time, on the open market of up to 5% of the Company's outstanding shares of common stock, or 201,400 such shares. Home Federal has to date repurchased 62,500 shares under this plan. Home Federal Bancorp is a bank holding company registered with the Board of Governors of the Federal Reserve System Board of Governors of the Federal Reserve System The managing body of the Federal Reserve System, which sets policies on bank practices and the money supply. (the "Federal Reserve"), which has been authorized by the Federal Reserve to engage in activities permissible for a financial holding company. HomeFederal Bank, its principal subsidiary, is an FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). insured state chartered commercial bank. HomeFederal Bank was founded in 1908 and offers a wide range of consumer and commercial 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. through 19 branch offices in central and southeastern Indiana. |
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