ELMIRA, N.Y. — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 23 cents per share of its common stock. The banking company will pay the dividend on June 16 to shareholders of record on June 9.
Elmira Savings Bank, with $565 million in total assets, is a state-chartered bank with six branches in Chemung County, three branch offices and a loan center in Tompkins County, two branches in Steuben County, one office in Cayuga County, one branch in Schuyler County, and a loan center in Broome County.
Elmira Savings Bank generated nearly $1.1 million in net income in the first quarter of this year, up slightly from the year-ago period. Earnings per share edged up to 31 cents from 30 cents a year prior.
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