Madison Short Term Strat... (AMEX:MSTI)
Historical Stock Chart
From Dec 2019 to Dec 2024
Main Street Trust, Inc. Announces 1st Quarter Cash Dividend
CHAMPAIGN, Ill., March 17 /PRNewswire-FirstCall/ -- Van A. Dukeman, President
and CEO of Main Street Trust, Inc. (OTC:MSTI) (BULLETIN BOARD: MSTI) ,
announced that the Company's Board of Directors approved a cash dividend of
$0.22 per share to be paid on or about April 22, 2005 to all shareholders of
record as of March 31, 2005. Including this dividend, the Company has paid
total cash dividends of $0.44 per share in 2005.
Main Street is a publicly traded company with banking assets of approximately
$1.2 billion and wealth management assets of approximately $1.8 billion. It
operates community-banking locations in Champaign, Decatur, Mahomet, Mt. Zion,
Peoria, Shelbyville, and Urbana. Currently, Main Street operates 18 banking
centers and a network of 75 ATMs. Additionally, Main Street is the parent
company of FirsTech, a retail payment processing company. And, as previously
was announced, Main Street expects to close its acquisition of Citizens First
Financial Corp. in early April, 2005.
Additional Information and Where to Find It
Main Street Trust filed with the Securities and Exchange Commission, a
registration statement on Form S-4, as amended, and other relevant documents in
connection with its merger with Citizens First Financial Corp., including a
proxy statement for use in connection with the special meeting of Citizens
stockholders. These documents are available free of charge at the SEC's
website, http://www.sec.gov/ . In addition, documents filed with the SEC by
Main Street will be available free of charge from its Corporate Secretary at
100 W. University, Champaign, Illinois 61824-4028, telephone 217-351-6500 and
documents filed with the SEC by Citizens will be available free of charge from
its Corporate Secretary at 2101 North Veterans Parkway, Bloomington, Illinois
61704, telephone 309-661-8700.
Forward-Looking Information
This press release may contain, forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 with respect to merger
transaction between Main Street and Citizens and the integration of Citizens
Savings Bank with Main Street Bank & Trust, the combination of their business,
and the projected revenue, financial condition, results of operations, plans,
objectives, future performance and business of the combined company.
Forward-looking statements, which may be based upon beliefs, expectations and
assumptions of Main Street's and Citizens' management and on information
currently available to management, are generally identifiable by the use of
words such as "believe," "expect," "anticipate," "plan," "intend," "estimate,"
"may," "will," "would," "could," "should" or other similar expressions.
Additionally, all statements in this document, including forward-looking
statements, speak only as of the date they are made, and neither Main Street
nor Citizens undertakes any obligation to update any statement in light of new
information or future events. A number of factors, many of which are beyond
the ability of Main Street and Citizens to control or predict, could cause
actual results to differ materially from those in its forward-looking
statements. These factors include, among others, the following: (i) the
strength of the local and national economy; (ii) the economic impact of any
future terrorist threats or attacks; (iii) changes in state and federal laws,
regulations and governmental policies concerning our general business; (iv)
changes in interest rates and prepayment rates of our assets; (v) increased
competition in the financial services sector and the inability to attract new
customers; (vi) changes in technology and the ability to develop and maintain
secure and reliable electronic systems; (vii) the loss of key executives or
employees; (viii) changes in consumer spending; (ix) unexpected results of
acquisitions; (x) unexpected outcomes of existing or new litigation involving
Main Street or Citizens; and (xi) changes in accounting policies and practices.
These risks and uncertainties should be considered in evaluating
forward-looking statements and undue reliance should not be placed on such
statements. Additional information concerning Main Street and Citizens, their
businesses, factors that could materially affect their financial results, and
the merger transaction is included in their filings with the Securities and
Exchange Commission.
DATASOURCE: Main Street Trust, Inc.
CONTACT: Van A. Dukeman, President-CEO, of Main Street Trust, Inc.,
+1-217-351-6568, fax, +1-217-351-6651
Web site: http://www.bankillinois.com/