CHICAGO, Dec. 14, 2012 /PRNewswire/ -- Taylor Capital Group, Inc. (the "Company") (NASDAQ: TAYC) the parent company of Cole Taylor Bank (the "Bank"), today announced that a cash dividend will be paid on shares of TAYC Capital Trust I (NASDAQ: TAYCP), its Trust Preferred Securities, for the quarter ended December 31, 2012. TAYC Capital Trust I is a Delaware Statutory Trust, and is an unconsolidated subsidiary of Taylor Capital Group, Inc.
The 9.75% annual dividend will be payable on December 31, 2012 to security holders of record on December 28, 2012. This dividend announcement, as well as additional information, can be found on Taylor Capital Group's website: www.taylorcapitalgroup.com.
About Taylor Capital Group, Inc. (NASDAQ: TAYC)
Taylor Capital Group, Inc. is the holding company of Cole Taylor Bank, a commercial bank headquartered in Chicago with assets of $5.1 billion as of September 30, 2012. The Bank specializes in serving the banking needs of closely-held businesses and the people who manage them.
With its national businesses, Cole Taylor Business Capital, Cole Taylor Equipment Finance and Cole Taylor Mortgage, the Bank also provides asset based lending, commercial equipment leasing and residential mortgage lending through a growing network of offices throughout the United States.
Cole Taylor is a member of the FDIC and is an Equal Housing Lender.
SOURCE Taylor Capital Group, Inc.