NOTE 18 - Events Subsequent to Year-End

The Company declared a dividend of $0.11 per share on February 5, 2014. The quarterly dividend, which amounted to a dividend payment of approximately $1.4 million, was paid on February 27, 2014 to shareholders of record on the close of business on February 17, 2014. It represented the Company’s tenth consecutive quarterly cash dividend. The payment of future dividends will be subject to approval by the Company’s Board of Directors.