AMERICAN
NATIONAL BANKSHARES INC. ANNOUNCES
DIVIDEND
(Danville,
VA) – At its meeting held yesterday, November 20, 2007, the Board of Directors
of American National Bankshares Inc. (NASDAQ:AMNB), parent company of American
National Bank and Trust Company, declared a quarterly cash dividend of
$.23 per
share of common stock, payable December 21, 2007, to shareholders of record
on
December 7, 2007. This represents an increase of 4.5% when compared
to the same period one year ago.
About
American National
American
National Bankshares Inc. is the holding company of American National Bank
and
Trust Company, a community bank serving Southern and Central Virginia and
the
northern portion of Central North Carolina with twenty banking offices
and a
loan production office.
American
National Bank and Trust Company provides a full array of financial products
and
services, including commercial, mortgage, and consumer banking; trust and
investment services; and insurance. Services are also provided
through twenty-three ATMs, “AmeriLink” Internet banking, and 24-hour “Access
American” phone banking. Additional information is available on the
Bank’s website at www.amnb.com. The shares of American
National Bankshares Inc. are traded on the NASDAQ Global Select Market
under the
symbol “AMNB.”
This
press release may contain “forward-looking statements,” within the meaning of
federal securities laws that involve significant risks and
uncertainties. Statements herein are based on certain assumptions and
analyses by the Corporation and are factors it believes are appropriate
in the
circumstances. Actual results could differ materially from those
contained in or implied by such statements for a variety of reasons including,
but not limited to: changes in interest rates; changes in accounting principles,
policies, or guidelines; significant changes in the economic scenario;
significant changes in regulatory requirements; and significant changes
in
securities markets. Consequently, all forward-looking statements made
herein are qualified by these cautionary statements and the cautionary
language
in the Corporation’s most recent Form 10-K report and other documents filed with
the Securities and Exchange Commission. American National Bankshares
Inc. does not undertake to update forward-looking statements to reflect
circumstances or events that occur after the date the forward-looking statements
are made.