PNBC following a 'road map'
PRINCETON — With speculation still swirling around the future of Princeton National Bancorp Inc. (PNBC) and Citizens First National Bank, CEO/President Tom Ogaard says the company is in the middle of several efforts to restore not only the bank's capital, but also the public's confidence.
PNBC stock prices this week dipped to 70 cents — a considerable drop from six years ago when shares were going for $33 to $34. But Ogaard said there's a plan in place — a "road map" so to speak.
"I'd like to see it move up, obviously. With all the work we're doing and the progress we've made, it will be up to the investing public to determine what the value of the shares are in the near future," he said. "Like anything else, there's a lot of risk still out there. But we feel like there's a road map ahead to move forward, and we're working hard on it."
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