<PAGE> 1
SCHEDULE 14A
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to ss.240.14a-12
................................................................................
CROGHAN BANCSHARES, INC.
................................................................................
(Name of Person(s) Filing Proxy Statement if other than the Registrant)
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(I)(1) and 0-11.
1) Title of each class of securities to which transaction applies:
................................................................................
2) Aggregate number of securities to which transaction applies:
................................................................................
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee
is calculated and state how it was determine):
................................................................................
4) Proposed maximum aggregate value of transaction:
................................................................................
5) Total fee paid:
................................................................................
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
................................................................................
2) Form, Schedule or Registration Statement No.:
................................................................................
3) Filing Party:
................................................................................
4) Date Filed:
................................................................................
<PAGE> 2
April 7, 2000
Dear Croghan Shareholder:
Enclosed is a press release regarding the net income of the corporation for the
first quarter 2000. We are pleased with this report and think you will be
pleased also.
Additionally, you should have received your proxy material several days ago.
Please read the material closely and return your proxy as soon as possible. Your
vote on the proposals is important.
The regular quarterly report and your dividend check will be forwarded around
May 1.
Very truly yours,
CROGHAN BANCSHARES, INC.
/s/ Thomas Hite
Thomas F. Hite
President & CEO
TFH/aal
Enclosure
<PAGE> 3
CROGHAN BANCSHARES, INC. ANNOUNCES FIRST QUARTER 2000 EARNINGS
FREMONT, OHIO -----APRIL 7, 2000------
Croghan Bancshares, Inc. reported that its consolidated net income for the first
quarter of 2000 amounted to $844,000. This represented an increase of 21.3% as
compared to the $696,000 earned during the first quarter of 1999. Net income per
share amounted to $.44 for the first quarter of 2000 compared to net income per
share of $.37 for the first quarter of 1999. The improvement can be attributed
to steady loan volume coupled with an increase in net interest margin.
The first quarter 2000 earnings exceeded those of any previously recorded
earnings in the Corporation's history for a January through March period. The
Board of Directors also recently increased the quarterly cash dividend payable
in April 2000 to $.20 per share which represents an increase of 17.65% over the
same period just one year ago. This is the third dividend increase since January
1, 1999.
Croghan Bancshares, Inc. is the parent holding company for The Croghan Colonial
Bank which is headquartered in Fremont, Ohio.
