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Pacific Alliance Bank Declares Cash Dividend of $0.10 per Share

January 30, 2020 GMT

ROSEMEAD, Calif.--(BUSINESS WIRE)--Jan 30, 2020--

Pacific Alliance Bank (OTC: PFBN), today announced that the Board of Directors declared a cash dividend on its common stock of $0.10 per share. The dividend will be paid on February 28, 2020, to stockholders of record as of the close of business on February 10, 2020.

About Pacific Alliance Bank

Pacific Alliance Bank is a full-service FDIC insured community bank, headquartered at 8400 E. Valley Blvd., Rosemead, California 91770. The Bank has additional full-service branches located at 18253 Colima Road, #101, Rowland Heights, California 91748, and 3775-A Alton Parkway, Irvine, California 92606. For more information, please contact Mr. Chris Chan, Executive Vice President and Chief Financial Officer, at (626) 773-8893 or cchan@pacificalliancebank.com, or visit www.pacificalliancebank.com.

Pacific Alliance Bank continues its mission of delivering business value, serving small to mid-size businesses, business owners, and key employers who seek a personal bank ready to meet their banking needs with customized services.

Forward Looking Statements

This document may include forward-looking information, which is subject to the “safe harbor” created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act and the Private Securities Litigation Reform Act of 1995. When the Bank uses or incorporates by reference in this document the words “anticipate,” “estimate,” “expect,” “project,” “intend,” “commit,” “believe” and similar expressions, the Bank intends to identify forward-looking statements. Our actual results may differ materially from those projected in any forward-looking statements, as they will depend on many factors about which we are unsure, including many factors which are beyond our control.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200130005233/en/

CONTACT: Mr. Chris Chan

Executive Vice President and Chief Financial Officer

(626) 773-8893

cchan@pacificalliancebank.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: FINANCE PUBLIC RELATIONS/INVESTOR RELATIONS BANKING COMMUNICATIONS PROFESSIONAL SERVICES

SOURCE: Pacific Alliance Bank

Copyright Business Wire 2020.

PUB: 01/30/2020 12:00 PM/DISC: 01/30/2020 12:01 PM

http://www.businesswire.com/news/home/20200130005233/en