Summit Bancshares, Inc. Announces Special Cash Dividend

Carbonatix Pre-Player Loader

Audio By Carbonatix

OAKLAND, Calif.--(BUSINESS WIRE)--Aug 15, 2025--

The Board of Directors of Summit Bancshares Inc., at a meeting held on July 16, 2025, in recognition of the bank’s 43rd year in business, declared a special cash dividend of $0.43 per share in lieu of the normal quarterly dividend, payable on September 30, 2025, to holders of record as of the close of business on September 9, 2025.

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/20250815235943/en/

CONTACT: Shirley W. Nelson

(510) 839-8800

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: FINANCE BUSINESS BANKING PROFESSIONAL SERVICES SMALL BUSINESS

SOURCE: Summit Bancshares Inc.

Copyright Business Wire 2025.

PUB: 08/15/2025 04:55 PM/DISC: 08/15/2025 04:55 PM

http://www.businesswire.com/news/home/20250815235943/en

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Lars Larson Show
    3:00AM - 6:00AM
     
    The Lars Larson Show covers the latest news across this great land of ours.
     
  • The Chris Stigall Show
    6:00AM - 9:00AM
     
    Equal parts hilarity and desk-pounding monologues with healthy doses of skepticism and sarcasm.
     
  • The Mike Gallagher Show
    9:00AM - 12:00PM
     
    Mike Gallagher is one of the most listened-to radio talk show hosts in America.   >>
     
  • The Charlie Kirk Show
    12:00PM - 2:00PM
     
    Charlie Kirk is the next big thing in conservative talk radio and he's now   >>
     
  • The Scott Jennings Show
     
    Jennings is battle-tested on cable news, a veteran of four presidential   >>
     

See the Full Program Guide