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SUBURBAN BANCORP ANNOUNCES QUARTERLY DIVIDEND

 PALATINE, Ill., April 26 /PRNewswire/ -- Suburban Bancorp's board of directors approved the multibank holding company's regular quarterly dividends of $0.22 per Class A common share and $0.20 per Class B common share to shareholders of record June 1, 1993.
 This quarterly dividend is payable June 15, 1993.
 At March 31, 1993, Suburban had 2,084,951 Class A shares and
1,257,349 Class B shares outstanding. Class A shares are traded on


NASDAQ.
 Suburban posted record earnings of $3.67 per share for 1992 and of $1.34 per share for the first quarter of 1993.
 The multibank holding company operates banks with 29 offices in the Chicago metropolitan area and has signed an agreement to acquire State Bank of Huntley, pending regulatory approval.
 -0- 4/26/93
 /CONTACT: Gerald Fitzgerald, Jr. of Suburban Bancorp., 708-359-1077/
 (SUBB)


CO: Suburban Bancorp ST: Illinois IN: FIN SU: DIV

SM -- NY047 -- 0580 04/26/93 10:42 EDT
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Publication:PR Newswire
Date:Apr 26, 1993
Words:158
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