The directors and I thank Joe Wesel for his many years of leadership as Chairman and the strides made under his direction. He will continue to be a key part of our directorship and help Richard Ferguson lead us in our next stages of development.
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The directors and I thank Joe Wesel for his many years of leadership as Chairman and the strides made under his direction. He will continue to be a key part of our directorship and help Richard Ferguson lead us in our next stages of development.
Richard's extensive financial background and expertise have brought tremendous insights to our Board ... His leadership qualities have been demonstrated in addressing the many audit and compliance requirements implemented in the past several years.
In 1991, Peoples Bancorp had total assets of $424 million and 17 offices. We now have $1.9 billion in assets and offer 50 locations for our clients. Also, Peoples Bancorp's dividend to shareholders grew from $0.16 per share in 1991 to the current annualized rate of $0.92 per share.
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