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Alpine Banks of Colorado reports developments for its role as the holding company for Alpine Bank, an independent, employee-owned Colorado bank founded in 1973. Through Alpine Bank, the company provides personal banking, business banking, wealth management, mortgage, and electronic banking services across Colorado's Western Slope, mountain communities, and Front Range. Its Class B common stock trades on the OTCQX market under the symbol ALPIB.
Recurring announcements cover unaudited quarterly and annual results, interest income, noninterest income, loan and deposit trends, securities portfolio activity, OREO dispositions, common stock dividends, Class A and Class B share matters, stock repurchase authorization, annual meeting votes, board composition, and leadership succession.
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Alpine Banks of Colorado (OTCQX: ALPIB) has announced a quarterly cash dividend of $0.20 per Class B nonvoting common share, set to be paid on May 1, 2023, to shareholders of record by April 24, 2023. Additionally, a dividend of $30.00 per Class A voting common share will also be distributed on the same date. This dividend amount remains unchanged from the previous quarter. Alpine Banks operates as an independent, employee-owned organization with a strong financial standing of $6.3 billion in assets and a workforce of 890 employees across Colorado. The bank serves approximately 170,000 customers, providing a range of financial services and has received a 5-star rating from BauerFinancial for superior performance.