WABASH - FFW Corporation, parent corporation of Crossroads Bank, has approved a quarterly cash dividend of $0.30 per share of common stock. The dividend is payable June 27, to shareholders of record on June 13.
The book value of FFW Corporation stock was $45.06 per share as of April 30. The last reported trade of stock at the close of business on May 22, was $40.30 per share and the number of outstanding shares was 1,086,281 as of the same date. On April 30, the corporation had assets of $567 million and shareholders' equity of $49 million. The Board of FFW Corporation and Crossroads Bank will continue to evaluate the payment of a dividend on a quarterly basis.