New Issue: Farnsworth Bancorp raises $2.076 million in private stock offering

By Sheri Kasprzak

Atlanta, Nov. 5 - Farnsworth Bancorp Inc. said Friday it raised $2,070,466 in a private placement.

The company sold 120,027 shares at $17.25 per share.

Farnsworth is the Bordentown, N.J.-based holding company for Peoples Savings Bank.

Issuer:	Farnsworth Bancorp Inc.
Issue:	Stock
Amount:	$2,070,466
Shares:	120,027
Price:	$17.25
Warrants:	No
Settlement date:	Nov. 5
Stock price:	$17.55 at close Nov. 1 (last trade)

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