First Bancorp of Indiana, Inc. Announces Suspension of Quarterly Cash Dividend

EVANSVILLE, Ind., July 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of First Bancorp of Indiana, Inc. (OTCPK:FBPI) (the “Company”), the holding company for First Federal Savings Bank (the “Bank”), announced today that the Company’s Board of Directors has voted to suspend the payment of the quarterly cash dividend on the Company’s common stock. Michael H. Head, President and Chief Executive Officer of the Company stated, “The suspension of our quarterly dividend is disappointing. While at