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MINDEN, La., Jan. 15, 2014 (GLOBE NEWSWIRE) --
Minden Bancorp, Inc. (the "Company" or "Minden Bancorp") (OTCBB:MDNB) announced today that its Board of Directors at their meeting on January 14, 2014, declared a cash dividend of $0.095 per share on the common stock of the Company, payable on February 3, 2014 to the shareholders of record at the close of business on January 24, 2014.
The Company is the parent holding company of MBL Bank headquartered in Minden, Louisiana. At September 30, 2013 the Company had assets of $273.9 million, total liabilities of $232.5 million, and total stockholders' equity of $41.4 million.
The Company's filings with the Securities and Exchange Commission are available at the Securities and Exchange Commission's website at
http://www.sec.gov. The press release can be found on Minden Bancorp's website at
This news release may contain forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as "believe," "expect," "anticipate," "estimate," and "intend" or future or conditional verbs such as "will," "would," "should," "could," or "may." Such forward-looking statements, by their nature, are subject to risk and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors. Such factors include, but are not limited to, changes to interest rates which could affect the net interest margin and net interest income, the possibility that increased demand or prices for the Company's financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to update any forward-looking statements.
CONTACT: Jack E. Byrd, Jr., Chairman/President/CEO
Becky T. Harrell, Treasurer/CFO