Louisiana Bancorp, Inc. Declares Cash Dividend
METAIRIE, La., April 30, 2014 (GLOBE NEWSWIRE) -- Louisiana Bancorp, Inc.
(Nasdaq:LABC) announced today that its Board of Directors at their meeting on
April 29, 2014, declared a cash dividend of $.05 per share on the common stock
of the Company, payable on May 29, 2014 to the shareholders of record at the
close of business on May 13, 2014.
This news release contains certain forward-looking statements. Forward-looking
statements can be identified by the fact that they do not relate strictly to
historical or current facts. They often include the words "believe," "expect,"
"anticipate," "intend," "plan," "estimate" or words of similar meaning, or
future or conditional verbs such as "will," "would," "should," "could" or
Forward-looking statements, by their nature, are subject to risks and
uncertainties. A number of factors ‑ many of which are beyond our control ‑
could cause actual conditions, events or results to differ significantly from
those described in the forward-looking statements. Louisiana Bancorp's Annual
Report on Form 10-K for the year ended December 31, 2013, which is available
from the SEC's website, www.sec.gov, or the Company's website,
www.bankofneworleans.net, describes some of these factors, including market
rates of interest, competition, risk elements in the loan portfolio, general
economic conditions, the level of the allowance for losses on loans,
geographic concentration of our business, risks of our growth strategy,
dependence on our management team, regulation of our business, increases in
deposit insurance premiums and actions by the U. S. government to stabilize
the financial markets. Forward-looking statements speak only as of the date
they are made. We do not undertake to update forward-looking statements to
reflect circumstances or events that occur after the date the forward-looking
statements are made or to reflect the occurrence of unanticipated events.
CONTACT: Lawrence J. LeBon, III,
Chairman, President & Chief Executive Officer
EVP & Chief Financial Officer
Telephone: (504) 834-1190
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