West Coast Bancorp Declares Quarterly Cash Dividend of $.05 per Common Share
September 26 2012 - 10:06AM
The West Coast Bancorp (Nasdaq:WCBO) Board of Directors declared a
quarterly cash dividend of $.05 per common share on September 25,
2012. Robert D. Sznewajs, President & CEO, said, "We are
pleased to announce a shareholder cash dividend, which is
indicative of the current operating performance and capital
position of the Company, and reflective of the hard work of the
West Coast team." The dividend will be payable on October 31, 2012,
to shareholders of record on October 10, 2012. West Coast Bancorp
is a publicly held, Northwest bank holding company headquartered in
Oregon with $2.4 billion in assets, and the parent company of West
Coast Bank and West Coast Trust Company, Inc. West Coast Bank
operates 58 branches in Oregon and Washington. The Company serves
clients who seek the resources, sophisticated products and
expertise of larger financial institutions, along with the local
decision-making, market knowledge, and customer service orientation
of a community bank. The Company offers a broad range of banking,
investment, fiduciary and trust services. For more information,
please visit the Company web site at www.wcb.com.
The West Coast Bancorp logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=13726.
CONTACT: Robert D. Sznewajs
President & CEO
503.598.3243
sznewajsr@wcb.com
Anders Giltvedt
Executive Vice President & CFO
503.598.3250
giltvedta@wcb.com
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