EXHIBIT 99
-4-
<PAGE>
FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION CONTACT:
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July 20, 2000 Gary N. Pelehaty
President and Chief Executive Officer
(609) 298-0723
FARNSWORTH BANCORP, INC. ANNOUNCES
COMPLETION OF STOCK REPURCHASE
Bordentown, New Jersey -- Farnsworth Bancorp, Inc., the parent holding
company of Peoples Savings Bank, Bordentown, New Jersey, today announced it had
completed the repurchase of 5% or 18,992 shares of the Company's common stock.
The company currently has 360,866 shares of common stock outstanding.
The Company became the holding company for the Bank on September 29,
1998, following its initial public offering at the time of the Bank's conversion
to the stock form of ownership.
Peoples Savings Bank is a federally chartered stock savings bank which
conducts its business from three offices located in Bordentown, Florence and
Mount Laurel, New Jersey. The Bank's deposits are insured up to the maximum
legal amount by the Federal Deposit Insurance Corporation (FDIC). The Company's
common stock is traded in the over-the-counter market with quotations available
through the OTC "Electronic Bulletin Board" under the symbol "FNSW."
