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Important Information for Current Shareholders

Eastern Michigan Financial Corporation Announces Second Quarter Dividend

May 22, 2019 -- At their May 21, 2019, meeting, the Board of Directors of Eastern Michigan Financial Corporation declared a regular quarterly cash dividend of $0.17 per share to be paid on June 28, 2019, to shareholders of record as of June 21, 2019.

If you have any questions about receiving your dividend payment, please contact our transfer agent, Computershare Shareholder Services, at 800.368.5948. 

Eastern Michigan Financial Corporation Announces Share Repurchase Program

August 22, 2018 -- Eastern Michigan Financial Corp. (OTC Pink: EFIN) announced today that its board of directors has approved a program for the repurchase of shares of its common stock, commencing August 27, 2018, and ending at the close of market on June 28, 2019, unless sooner terminated. This program allows up to 1.75% shares of common stock outstanding at June 30, 2018, which is up to 20,833 shares, to be repurchased through open market or privately negotiated transactions. As of June 30, 2018, Eastern Michigan Financial Corp. had 1,188,988 shares of its common stock outstanding.

Eastern Michigan Financial Corporation is a bank holding company with approximately $330 million in assets and the sole owner of Eastern Michigan Bank. Originally chartered as the State Bank of Croswell in 1895, Eastern Michigan Bank currently operates nine banking offices and a loan production center, providing a full range of commercial and consumer banking services primarily in the Sanilac and St. Clair County, Michigan communities of Croswell, Deckerville, Fort Gratiot, Lakeport, Lexington, Marysville, Ruth, Port Huron and Sandusky. Eastern Michigan Bank offers a broad range of deposit services, including checking accounts, savings accounts and time deposits of various types as well as loans for commercial and consumer purposes. Clients include individuals, businesses, schools, associations, churches, non-profit organizations and government entities.

Statements related to the Corporation’s intention to implement the share repurchase program constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 and otherwise within the meaning of court opinions construing such forward-looking statements. The Corporation claims all safe harbor and other legal protections provided to it by law for all of its forward-looking statements. Forward-looking statements involve known and unknown risks, estimates, uncertainties and other factors, which could cause actual financial or operating results, performances or achievements expressed or implied by such forward-looking statements not to occur or be realized, and are based on currently available information and on our current expectations and projections about future events. These risks and uncertainties include, but are not necessarily limited to, the affect that the share repurchase program may have on the price and/or trading volume of shares of our common stock, our ability to amend, suspend or terminate the share repurchase program, including the maximum designated number of shares authorized to be repurchased, at any time without prior notice and as permitted or required by applicable law or regulation, and that due to the historically thin trading volume in our common stock, no assurance can be given as to the maximum length of time that the repurchase program may be kept in place. Undue reliance should not be placed on such forward-looking statements as they speak only as of the date hereof, and we undertake no obligation to update these statements to reflect subsequent events or circumstances except as may be required by law.

Transfer Agent and Registrar

Computershare Shareholder Services
P.O. Box 30170

College Station, TX 77842-3170

Investor Relations Contacts

Errin McMillan, VP, Chief Financial Officer
Eastern Michigan Financial Corporation
65 N. Howard Ave
Croswell, MI 48422-0139
email Errin

Timothy Ward, Chief Executive Officer
Eastern Michigan Financial Corporation
65 N. Howard Ave
Croswell, MI 48422-0139
email Tim

Current Stock Quote

Eastern Michigan Financial Corporation is the holding company for Eastern Michigan Bank and trades under the symbol EFIN on the Over-The-Counter Bulletin Board. You can view a current stock quote by visiting Yahoo! Finance.

Annual Reports

View our 2018 Annual Report
View our 2017 Annual Report
View our 2016 Annual Report
View our 2015 Annual Report
View our 2014 Annual Report

Quarterly Financials

View March 31, 2019 Financial Statement
View Sept 30, 2018 Financial Statement
View June 30, 2018 Financial Statement
View March 31, 2018 Financial Statement


For copies of annual reports or quarterly financial statements that pre-date those posted to this page, please email our marketing department.

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