EXHIBIT 99
PRESS RELEASE
[ESB Financial Corporation Logo] Banking Operations
ESB Bank
Troy Hill Bank
P R E S S R E L E A S E
RELEASE DATE: CONTACT:
December 20, 2000 Frank D. Martz
Group Senior Vice President
of Operations and Secretary
(724) 758-5584
ESB FINANCIAL CORPORATION ANNOUNCES CASH DIVIDEND
ESB Financial Corporation announced today that its Board of
Directors at its meeting on December 19, 2000 declared a quarterly cash
dividend of $.10 on the Common Stock of ESB Financial Corporation
payable on January 25, 2001 to the stockholders of record at the close
of business on December 29, 2000.
In announcing the scheduled cash dividend, Charlotte A. Zuschlag,
President and Chief Executive Officer, noted the Company's favorable
results of operations for the three months ended September 30, 2000. The
Company recognized net income for the three month period ended September
30, 2000 of $1.6 million or $.28 per diluted share. This announcement
reflects the Company's policy of declaring a regular quarterly cash
dividend. This quarterly cash dividend equates to an annual cash
dividend of $.40 per share.
ESB Financial Corporation is the parent Holding Company of ESB
Bank, F.S.B. and offers a wide variety of financial products and
services through sixteen offices in the contiguous counties of
Allegheny, Lawrence, Beaver and Butler in Pennsylvania. The common stock
of the Company is traded on the Nasdaq Stock Market under the symbol
"ESBF".
-End-
600 Lawrence Avenue * Ellwood City, PA 16117-1930
724.758.5584 * 724.758.0576 (Fax)
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