OREANDA-NEWS. Two River Bancorp, the parent company of Two River Community Bank ("the Bank"), today announced that the Board of Directors approved a 14.3% increase in its cash dividend, raising the quarterly amount to $0.04 per share of the Company's common stock for an annualized amount of $0.16 per share. This increase compares to the second quarter dividend of $0.035 per share, or an annualized amount of $0.14 per share. The third quarter dividend will be paid on August 30, 2016 to common shareholders of record at the close of business on August 12, 2016.  The timing and amounts of future dividends are subject to determination and approval by the Company’s Board of Directors.

Management Commentary
Mr. William D. Moss, President and CEO, stated, “This is the third consecutive year that the Company has increased its dividend, which reflects our continued confidence in our ability to grow earnings while also rewarding shareholders for their continued support.”

2016 Second Quarter Financial Results
The Company also announced that it will report its financial results for the second quarter ended June 30, 2016 prior to the opening of the stock market on Tuesday, July 26, 2016.

About the Company
Two River Bancorp is the holding company for Two River Community Bank, which is headquartered in Tinton Falls, New Jersey. Two River Community Bank operates 15 branches and two Loan Production Offices throughout Monmouth, Middlesex, Union, and Ocean Counties, New Jersey.