Summit Bancshares, Inc. Announces Special Cash Dividend

Carbonatix Pre-Player Loader

Audio By Carbonatix

OAKLAND, Calif.--(BUSINESS WIRE)--Nov 5, 2025--

The Board of Directors of Summit Bancshares Inc., at a meeting held on October 15, 2025 in recognition of the bank’s 43rd year in business, declared special cash dividend of $0.43 per share in lieu of the normal quarterly dividend, payable on December 30, 2025, to holders of record as of the close of business on December 3, 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/20251105137864/en/

CONTACT: Shirley W. Nelson

(510) 839-8800

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Summit Bancshares, Inc.

Copyright Business Wire 2025.

PUB: 11/05/2025 04:22 PM/DISC: 11/05/2025 04:22 PM

http://www.businesswire.com/news/home/20251105137864/en

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • Radiosurgery New York
    12:00AM - 3:00AM
     
    Don’t miss Radiosurgery New York with Dr. Gil Lederman on AM 970 The Answer.
     
  • Waking Up America!
    3:00AM - 5:00AM
     
    Stigall’s shows are equal parts hilarity and desk-pounding monologues with   >>
     
  • The Alex Marlow Show
    5:00AM - 6:00AM
     
    An Alternative Voice in a Time of Conformity
     
  • The Larry Elder Show
    6:00AM - 7:00AM
     
    Larry Elder personifies the phrase “We’ve Got a Country to Save” The “Sage from   >>
     
  • The Crest Report
    7:00AM - 8:00AM
     
    The Crest Report with Tim Conway Jr. and Rich Jacoby, founder of GoldenCrest   >>
     

See the Full Program Guide