SARASOTA, Fla., March 6, 2006 (PRIMEZONE) -- First State Financial Corporation (Nasdaq:FSTF), a bank holding company based in Sarasota, Florida announced today a quarterly dividend of 6-cents per share of outstanding stock, an increase of 20 percent over the prior quarter's cash dividend. The dividend is payable on March 31, 2006 for shareholders of record on March 15, 2006.
First State Financial Corporation is the holding company for First State Bank and is headquartered in Sarasota, Florida. First State Bank currently operates six offices, three in Sarasota County and three in Pinellas County.
Further information regarding First State Financial Corporation and First State Bank may be obtained by contacting Mr. Corey J. Coughlin, President and CEO or Mr. Dennis Grinsteiner, Senior Vice President, CFO, 22 South Links Avenue, Suite 100, Sarasota, Florida 34236. Telephone 941-292-9000. Email: ccoughlin@firststatefl.com: dgrinsteiner@firststatefl.com
The information provided herein may contain forward-looking statements. Statements that are not historical facts, including statements about First State Bank's beliefs and expectations, are forwarding statements. These statements are based on beliefs and assumptions by First State Bank's management, and on information currently available to such management. The forward-looking statements are intended to be subject to the safe harbor protection provided by Section 27A of the Securities Act of 1933 and Section 21E of the Security Exchange Act of 1934. Forward-looking statements include statements preceded by, followed by or that include the words "intends," "believes," "expects," "anticipates," "plans," "estimates," or similar expressions or future conditional verbs such as "will," "should," "would," and "could." Forward-looking statements peak only as of the date they are made and First State Bank undertakes no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. Management cautions that a number of important factors could cause actual results to differ materially.