CFB Capital III Pays Dividend on Cumulative Capital Securities
11 3월 2004 - 11:00PM
PR Newswire (US)
CFB Capital III Pays Dividend on Cumulative Capital Securities
FARGO, N.D., March 11 /PRNewswire-FirstCall/ -- Community First
Bankshares, Inc., announced that CFB Capital III , a wholly owned
statutory business trust, will pay a regular quarterly dividend of
50.78125 cents per Capital Security on April 15, 2004, to security
holders of record as of April 14, 2004. There are 2,400,000 Capital
Securities outstanding. Community First Bankshares, a $5.5 billion
financial services company, provides a complete line of banking,
investment, insurance, mortgage and trust products to individuals
and businesses. The company's extensive offering of financial
products and services is marketed through full-service offices in
137 communities in 12 states --Arizona, California, Colorado, Iowa,
Minnesota, Nebraska, New Mexico, North Dakota, South Dakota, Utah,
Wisconsin and Wyoming. The company's services include an online
banking system that offers electronic bill payment and discount
brokerage capabilities, telephone banking and an extensive ATM
network. Community First Bankshares stock is traded on The Nasdaq
Stock Market(R) under the symbol CFBX. The latest investor and
other corporate information is available at its Web site,
http://www.communityfirst.com/ . This press release contains
forward-looking statements under the Private Securities Litigation
Reform Act of 1995 that are subject to certain risks and
uncertainties that could cause actual results to differ materially
from historical earnings and those presently anticipated or
projected. The company wishes to caution readers not to place undue
reliance on any such forward- looking statements, which speak only
as of the date made. Factors that could cause actual results to
differ from the results discussed in the forward- looking
statements include, but are not limited to: risk of loans and
investments, including dependence on local economic conditions;
competition for the company's customers from other providers of
financial services; possible adverse effects of changes in interest
rates; execution and implementation of a series of previously
announced strategic initiatives; balance sheet and capital ratio
risks related to the share repurchase program; risks related to the
company's acquisition and market extension strategy, including
risks of adversely changing results of operations and factors
affecting the company's ability to consummate further acquisitions
or extend its markets; and other risks detailed in the company's
filingswith the Securities and Exchange Commission, all of which
are difficult to predict and many of which are beyond the control
of the company. DATASOURCE: Community First Bankshares, Inc.
CONTACT: Jeff Wilhoit of Financial Relations Board,
+1-312-640-6757, , or Mark A. Anderson of Community First
Bankshares, Inc., +1-701-298-5600, Web site:
http://www.communityfirst.com/
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