Home Federal Bancorp, Inc., Declares Quarterly Cash Dividend
NAMPA, Idaho, Feb. 18, 2014 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc.
(Nasdaq:HOME) ("Company"), announced that its Board of Directors declared a
cash dividend of $0.06 per share payable on March 18, 2014, to stockholders of
record as of March 4, 2014.
Home Federal Bancorp, Inc., is headquartered in Nampa, Idaho, and is the
parent company of Home Federal Bank, a community bank originally organized in
1920, currently serving southwestern Idaho and Central and Western Oregon
through 24 full-service branches and three loan production offices. The
Company's common stock is traded on the Nasdaq Global Select Market under the
symbol "HOME" and is included in the Russell 2000 Index. For more information,
visit the Company's web site at www.myhomefed.com/ir.
Statements in this news release regarding future events, performance or
results are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 ("PSLRA") and are made pursuant to
the safe harbors of the PSLRA. Actual results could be materially different
from those expressed or implied by the forward-looking statements. Factors
that could cause results to differ include but are not limited to: the ability
to maintain current dividend payments or increase dividend payouts to
stockholders, regulatory capital requirements, future earnings and cash flow
of the Company, regulatory changes and general economic conditions, the
successful consummation of the pending merger with Cascade Bancorp ("Cascade")
and any terms and conditions of the related merger agreement with Cascade that
may limit the Company's ability to pay dividends or reduce cash consideration
of the merger. Additional factors that could cause actual results to differ
materially are disclosed in Home Federal Bancorp, Inc.'s recent filings with
the Securities and Exchange Commission, including but not limited to its
Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K. Forward-looking statements are accurate only as of the
date released, and we do not undertake any responsibility to update or revise
any forward-looking statements to reflect subsequent events or circumstances.
CONTACT: Home Federal Bancorp, Inc.
Len E. Williams, President & CEO
Eric S. Nadeau, EVP, Treasurer & CFO
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