Summit Bancshares, Inc. Announces 4th Quarter Cash Dividend

OAKLAND, Calif.--(BUSINESS WIRE)-- The Board of Directors of Summit Bancshares Inc., at a meeting held on October 19, 2022, declared a quarterly cash dividend of $0.10 per share, payable on December 15, 2022, to holders of record as of the close of business on November 23, 2022. The total dividend declared for 2022 will be $0.40/share.

Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.

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Shirley W. Nelson

(510) 839-8800

Source: Summit Bancshares Inc.