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Summit Bancshares, Inc. Announces Special Cash Dividend

January 24, 2020 GMT

OAKLAND, Calif.--(BUSINESS WIRE)--Jan 24, 2020--

The Board of Directors of Summit Bancshares Inc., at a meeting held on January 22, 2020, declared a one-time special cash dividend of $0.32 per share, payable on February 19, 2020, to holders of record as of the close of business on January 29, 2020..

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/20200124005436/en/

CONTACT: Shirley W. Nelson

(510) 839-8800

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Summit Bancshares, Inc.

Copyright Business Wire 2020.

PUB: 01/24/2020 02:57 PM/DISC: 01/24/2020 02:57 PM

http://www.businesswire.com/news/home/20200124005436/en