Summit Bancshares, Inc. Announces an Increase in Semi-annual Cash Dividend

OAKLAND, Calif.–(BUSINESS WIRE)–The Board of Directors of Summit Bancshares Inc., at a meeting held on January 22, 2020, voted to increase the regular semi-annual dividends from $0.16 per share to $0.17 per share beginning February 28, 2020 to holders of record as of the close of business on February 7, 2020.

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

Contacts

Shirley W. Nelson
(510) 839-8800

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.