FREMONT, Ohio, March 20, 2015 /PRNewswire/ -- Croghan
Bancshares, Inc. (OTCQX: CHBH), the holding company of The Croghan
Colonial Bank, with assets of approximately $780 million, announced today that its Board of
Directors authorized a quarterly cash dividend on its common shares
of $0.34 per share. The dividend is payable
on April 30, 2015 to shareholders of record on April
17, 2015.
"The Company's continued strong financial results from The
Croghan Colonial Bank operations are such that the Board of
Directors is pleased to announce our continued tradition of paying
a quarterly dividend," stated Rick Robertson, President and
CEO of Croghan Bancshares. "Our cash dividend is an integral part
of our overall focus on providing our investors with a return on
their invested capital as we build long-term shareholder
value."
About Croghan Bancshares
Croghan Bancshares, Inc. founded in 1888 in Fremont, OH, operates as the holding company
for The Croghan Colonial Bank which provides commercial, retail,
wealth management, and savings banking services. Offices are
located in Bellevue, Clyde, Fremont, Green
Springs, Monroeville,
Norwalk, Oak Harbor, Oregon, Perrysburg, Port
Clinton, and Tiffin
Ohio.
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SOURCE Croghan Bancshares, Inc.