First Niles Financial reports cash dividend


NILES — First Niles Financial Inc. reported a cash dividend of 5 cents per share on common stock and 6 cents per share on preferred class A stock for the fourth quarter of this year.

First Niles is the parent company of Home Federal Savings and Loan Association of Niles.

Home Federal, which primarily serves the Niles area, exceeded all its applicable regulatory capital requirements as of Sept. 30.