WOOSTER, Ohio, Sept. 29, 2022 (GLOBE NEWSWIRE) — Wayne Savings Bancshares, Inc. (OTCQX:WAYN), (the “Company”), the holding firm mum or dad of Wayne Savings Community Bank (the “Bank”), has declared a money dividend of $0.23 per share of the Company’s widespread inventory for the quarter ending September 30, 2022. The quarterly money dividend will probably be paid on November 2, 2022, to stockholders of report as of October 19, 2022.
Established in 1899, Wayne Savings Community Bank, the wholly owned subsidiary of Wayne Savings Bancshares, Inc., has twelve full-service banking areas within the communities of Wooster, Ashland, Millersburg, Rittman, Lodi, North Canton, Creston, Fredericksburg and Washingtonville, Ohio. At June 30, 2022, Wayne Savings Bancshares, Inc. reported whole property of $654.2 million, deposits of $567.7 million, and stockholders’ fairness of $42.3 million, or 6.5% of whole property.
Statements contained on this information launch which aren’t historic info could also be forward-looking statements as that time period is outlined within the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are topic to dangers and uncertainties which may trigger precise outcomes to vary materially from these at the moment anticipated resulting from quite a few components. Factors which may lead to materials variations embody, however should not restricted to, modifications in rates of interest which may have an effect on web curiosity margins and web curiosity revenue, aggressive components which may have an effect on web curiosity revenue and noninterest revenue, modifications in demand for loans, deposits and different monetary providers within the Company’s market space; modifications in asset high quality, basic financial situations in addition to different components mentioned in paperwork filed by the Company occasionally. The Company undertakes no obligation to replace these forward-looking statements to mirror occasions or circumstances that happen after the date on which such statements have been made.
Contact:
Wayne Savings Bancshares, Inc.
James R. VanSickle, II
President and Chief Executive Officer
330-264-5767
