March 3, 2010
The Board of Directors of Lyons Bancorp, Inc., the parent of The Lyons National Bank, declared a quarterly cash dividend of $.30 per share on the Company's common stock.
Shareholders of record at the close of business on March 31, 2010 will be paid the dividend on April 15, 2010. Based on the current market price of the Company's common stock, the annualized dividend of $1.20 per share produces a dividend yield of 3.64%.
Lyons Bancorp, Inc. is the holding company for The Lyons National Bank. The Lyons National Bank is a community bank with offices in Lyons, Clyde, Macedon, Newark, Ontario and Wolcott in Wayne County; Jordan in Onondaga County; Geneva in Ontario County and Penn Yan in Yates County. On June 14th, the Bank opened its new Seneca County Office. Subsidiaries of The Lyons National Bank are Lyons Realty Associates Corp. and LNB Life Agency, Inc.