Summit Bancshares, Inc. Announces a Special Dividend

Summit Bancshares, Inc. announced a special cash dividend of $0.41 per share on January 18, 2023, marking the bank's 41st anniversary.

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01/19/2023 - 01:53 PM EST

OAKLAND, Calif.--(BUSINESS WIRE)-- The Board of Directors of Summit Bancshares, Inc. at a meeting held on January 18, 2023, in recognition of the bank’s 41st year in business, declared a one-time special cash dividend of $0.41 per share, payable on February 8, 2023, to holders of record as of the close of business on January 25, 2023.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20230119005827/en/

Shirley W. Nelson
(510) 839-8800

Source: Summit Bancshares, Inc.

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