DCB Financial Corp Holds Annual Meeting, Re-elects Directors, Approves Proposals
DELAWARE, Ohio, July 14 /PRNewswire-FirstCall/ -- DCB Financial Corp (OTC: DCBF), the parent company of The Delaware County Bank and Trust Company, held its Annual Shareholders Meeting on July 8 at their Corporate Headquarters in Lewis Center, Ohio. In the business portion of the meeting, Jeffrey T. Benton, G. William Parker and Gary M. Skinner were re-elected as directors to serve a three-year term. Also approved were several proposals to amend DCBF's Articles of Incorporation and Code of Regulations to bolster the company's anti-takeover defenses. With nearly 150 shareholders and guests in attendance, Jeff Benton, President and CEO, reviewed the company's recent record performance and presented his long-term goals and plans for The Bank. During the First Quarter of 2003, DCBF announced quarterly earnings of $1.49 million and increased their quarterly dividend by 11%. "We are quite pleased with the direction your company is headed. We have accomplished a lot in just the first six months of 2003 and have put detailed plans in place for the rest of the year and beyond to improve the company's performance," noted Jeff Benton, President and Chief Executive Officer. "We will continue to work hard to improve our shareholder value."
SOURCE DCB Financial Corp
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