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8-K - FORM 8-K - ECB BANCORP INCd8k.htm

Exhibit 99.1

 

 

 

LOGO 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 Bank’s licensed agents. The Company’s common stock is listed on The Nasdaq Global Market under the symbol “ECBE”. More information can be obtained by visiting ECB’s web site at www.MyECB.com.

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