WARSAW, N.Y.--(BUSINESS WIRE)--Feb. 23, 2006--Financial
Institutions, Inc. (Nasdaq: FISI) announced that its Board of
Directors declared at its Board meeting yesterday quarterly cash
dividends of $0.08 per common share, $0.75 per share on Series A 3%
Preferred Stock, and $2.12 per share on Series B-1 8.48% Preferred
Stock.
The dividends are payable on April 3, 2006, to shareholders of
record on March 15, 2006.
About Financial Institutions, Inc.
With total assets of $2.0 billion, Financial Institutions, Inc. is
the parent company of Five Star Bank, which provides a wide range of
consumer and commercial banking services to individuals,
municipalities and businesses through a network of 50 offices and 72
ATM's in Western and Central New York State. Through its Investment
Services affiliate, FII also provides diversified financial services
to its customers and clients, including brokerage, trust and
insurance. More information on FII and its subsidiaries is available
through the Company web site at www.fiiwarsaw.com.
Safe Harbor Statement
This press release may contain forward-looking statements as
defined by federal securities laws. These statements may address
issues that involve significant risks, uncertainties, estimates and
assumptions made by management. Actual results could differ materially
from current beliefs or projections. There are a number of important
factors that could affect the Company's forward-looking statements
which include the availability of cash to continue to pay a dividend,
the impact of regulatory restrictions and other factors discussed in
the Company's filings with the Securities and Exchange Commission. The
Company undertakes no obligation to revise these statements following
the date of this press release.
CONTACT: Financial Institutions, Inc.Matthew T. Murtha, 585-786-4378
mtmurtha@fiiwarsaw.com
SOURCE: Financial Institutions, Inc.