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 Hugh Hewitt Show
    3:00PM - 4:00PM
     
    Hugh Hewitt is one of the nation’s leading bloggers and a genuine media   >>
     
  • SEKULOW
    4:00PM - 5:00PM
     
    Listeners make an appointment to never miss the Jay Sekulow show, always with   >>
     
  • Cats and Cosby
    5:00PM - 6:00PM
     
    John Catsimatidis, Successful businessman and former NYC Mayoral candidate and   >>
     
  • The Arthur Aidala Power Hour
     
    The Arthur Aidala Power Hour blends Arthur's courtroom experiences with his   >>
     
  • ‘Radio Night Live’ with Kevin McCullough
     
    Radio Night LIVE: a throwback to the origins of great talk radio. Important   >>
     

See the Full Program Guide