EXHIBIT 99.1
Britton & Koontz Capital Corporation
500 Main Street | 601-445-5576 |
P O Box 1407 | 601-445-2481 Fax |
Natchez, MS 39121 | http://www.bkbank.com, |
corporate@bkbank.com | |
FOR IMMEDIATE RELEASE: | FOR MORE INFORMATION: |
August 17, 2011 | W. Page Ogden, President & CEO |
(Nasdaq - BKBK) | William M. Salters, Treasurer & CFO |
BRITTON & KOONTZ DECLARES QUARTERLY DIVIDEND
Natchez, Mississippi – The Board of Directors of Britton & Koontz Capital Corporation (Nasdaq: BKBK, "the Company") on August 16, 2011, declared a quarterly cash dividend of $0.18 per share to shareholders of record as of August 31, 2011, and payable September 15, 2011.
Britton & Koontz Capital Corporation, headquartered in Natchez, Mississippi, is the parent company of Britton & Koontz Bank, N.A. which operates three full service offices in Natchez, two in Vicksburg, Mississippi, and three in Baton Rouge, Louisiana and a loan production office in Central, Louisiana. As of June 30, 2011, the Company reported assets of $382.7 million and equity of $39.9 million. The Company’s stock is traded on NASDAQ under the symbol BKBK and the transfer agent is American Stock Transfer & Trust Company. Total shares outstanding at August 1, 2011, were 2,142,466.
Forward Looking Statements
This news release contains statements regarding the projected performance of Britton & Koontz Capital Corporation and its subsidiaries. These statements constitute forward-looking information within the meaning of the Private Securities Litigation Reform Act. Actual results may differ materially from the projections provided in this release since such projections involve significant known and unknown risks and uncertainties. Factors that might cause such differences include, but are not limited to: competitive pressures among financial institutions increasing significantly; economic conditions, either nationally or locally, in areas in which the Company conducts operations being less favorable than expected; and legislation or regulatory changes which adversely affect the ability of the combined Company to conduct business combinations or new operations. The Company disclaims any obligation to update such factors or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments.
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