ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Farmers & Merchants Bank of Long Beach Declares Third-Quarter Cash Dividend of $27 Per Share

August 23, 2021 GMT

LONG BEACH, Calif.--(BUSINESS WIRE)--Aug 23, 2021--

Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced that its board of directors has declared a regular quarterly cash dividend of $27 per share on the Bank’s common stock. The quarterly dividend is payable on September 30, 2021 to shareholders of record as of September 15, 2021.

The declaration represents F&M’s 513th dividend payment. F&M has paid a dividend each year to shareholders since 1916, and the value of F&M’s quarterly dividend has never decreased.

About Farmers & Merchants Bank of Long Beach

Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank provides white-glove service to clients at 25 branches across Orange County, Long Beach, the South Bay and Santa Barbara, as well as through its Online and Mobile Banking platforms. The Bank offers commercial and small business banking, business loan programs, home loans, and consumer banking products, including checking, savings and youth accounts. Farmers & Merchants Bank is a California state-chartered bank with deposits insured by the Federal Deposit Insurance Corporation (Member FDIC) and an Equal Housing Lender. For more information about F&M, please visit the Bank’s website, www.fmb.com.

ADVERTISEMENT

View source version on businesswire.com:https://www.businesswire.com/news/home/20210823005116/en/

CONTACT: John Hinrichs

Executive Vice President

562-437-0011, ext. 5035Roger Pondel

PondelWilkinson Inc.

Corporate & Investor Relations

310-279-5980

investor@pondel.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES

SOURCE: Farmers & Merchants Bank of Long Beach

Copyright Business Wire 2021.

PUB: 08/23/2021 08:05 AM/DISC: 08/23/2021 08:06 AM

http://www.businesswire.com/news/home/20210823005116/en