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8-K - FORM 8-K - ECB BANCORP INC | d8k.htm |
Exhibit 99.1
PRESS RELEASE
December 14, 2010
CONTACT: | The East Carolina Bank (ECB) Thomas M. Crowder, Chief Financial Officer Phone: (252) 925-5520 Facsimile: (252) 925-8491 |
FOR IMMEDIATE RELEASE
ECB Bancorp, Inc. Announces Fourth Quarter 2010 Dividend
ENGELHARD, N.C. ECB Bancorp, Inc. (Nasdaq: ECBE), the parent holding company of The East Carolina Bank, announced that on December 14, 2010, its Board of Directors declared a quarterly cash dividend of $0.07 per share, payable January 10, 2011 to shareholders of record on December 27, 2010.
The announced Fourth Quarter 2010 dividend of $0.07 remains the same as the previous cash dividend payment in the Third Quarter 2010.
About ECB Bancorp, Inc.
ECB Bancorp, Inc. is a bank holding company, headquartered in Engelhard, North Carolina, whose wholly-owned subsidiary, The East Carolina Bank, is a state-chartered, independent community bank insured by the FDIC. The Bank provides a full range of financial services through its 25 offices covering eastern North Carolina from Currituck to Ocean Isle Beach and Greenville to Hatteras. The Bank also provides mortgages, and insurance services through the Banks licensed agents. The Companys common stock is listed on The Nasdaq Global Market under the symbol ECBE. More information can be obtained by visiting ECBs web site at www.MyECB.com.
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