Pandora Bancshares Inc., the holding company of First National Bank of Pandora board of directors approved a two-for-one stock split for shareholders on record as of July 2, 2018. The stock split took place on July 16, 2018 and began trading at the new price on July 17, 2018.
“We are excited to make Pandora Bancshares, Inc. stock more accessible to a broader range of investors and to increase liquidity in trading. First National Bank has been providing strong financial results and was pleased to be do the stock split for investors. The Bank’s success is due to a relentless focus on the mission to improve lives through community banking. As First National Bank approaches our 100th year anniversary in 2019 that same focus and commitment to community will continue” says President and CEO, Todd A. Mason.
First National Bank reported strong financials for the first seven months of this year ending July 31, 2018. Net income was up one-hundred thirty-two thousand dollars, or 24 percent, compared to the same time period in 2017.
First National Bank is a wholly owned subsidiary of Pandora Bancshares (PDRB). The Bank was founded in 1919 and is a locally owned community bank with $167MM in assets. The bank has offices in Pandora, Bluffton, Ottawa and Findlay, Ohio. First National Bank is an Equal Housing Lender and Member FDIC. The Bank’s website is www.e-fnb.com.
