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EXHIBIT 99.2 PRESS RELEASE
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Security Financial Bancorp., Inc.
9321 Wicker Avenue
St. John, IN 46373
For Immediate Release: September 12, 2000
Contact: For Security Financial Bancorp., Inc. -- John P. Hyland
President and Chief
Executive Officer
Tel. 219-365-4344
Security Financial Bancorp., Inc. Announces Agreement with the Vincent Cainkar
St. John, Indiana -- Security Financial Bancorp., Inc. (Nasdaq SmallCap: SFBI),
the holding company for Security Federal Bank & Trust, today announced an
agreement resulting in the withdrawal of Mr. Cainkar's notice of his intention
to nominate himself as a director of the Company. In addition, Mr. Cainkar
agreed to vote his shares in favor of the Company's nominees for election to the
Board of Directors at Security Financial's Annual Meeting of Shareholders
scheduled to be held on October 19, 2000, as well as in favor of the
ratification of the Company's auditors for the fiscal year ended December 31,
2000, and in favor of the approval of the Security Financial Bancorp., Inc. 2000
Stock-Based Incentive Plan.
Security Federal Bank & Trust is a federally chartered savings bank
headquartered in St. John, Indiana. The Bank conducts business through its main
headquarters and five branch offices located in Lake and Porter counties,
Indiana.
Statements contained in this news release which are not historical facts are
forward-looking statements, as the term is defined in the Private Securities
Litigation Reform Act of 1995. Such forward-looking statement are subject to
risk and uncertainties which could cause actual results to differ materially
from those currently anticipated due to a number of factors, which include, but
are not limited, factors discussed in documents filed by the Company with
Securities and Exchange Commission from time to time.
