AUBURN, Ind., Nov. 18, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp (Pink Sheets:PBNI), the Holding Company for Peoples Federal Savings Bank of DeKalb County, declared a Fiscal 2010 first quarter dividend of $0.19 per share, according to G. Richard Gatton, Chairman. The dividend will be paid on January 15, 2010 to Stockholders of Record as of January 4, 2010.

As of November 17, 2009, Peoples had 2,663,118 shares outstanding. The closing price of Peoples Bancorp stock, as of November 17, 2009, was $12.95 per share as listed on the Pink Sheets under the symbol of PBNI.

Peoples Bancorp, through its subsidiary, Peoples Federal Savings Bank of DeKalb County, operates eleven full-service offices in Indiana, located in Auburn, Avilla, Garrett, Howe, Kendallville, LaGrange, Middlebury, Topeka, Waterloo, and two offices in Columbia City. Peoples Federal operates four full-service offices in Michigan, with two offices located in Three Rivers and offices at Schoolcraft and Union.

CONTACT:  Peoples Bancorp
          Cheryl L. Taylor, Corporate Secretary
          260-925-2500