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Summit Bancshares, Inc. Announces Special Cash Dividend

OAKLAND, Calif., April 17, 2025 /BUSINESS WIRE/ --

The Board of Directors of Summit Bancshares Inc., at a meeting held on April 16, 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 June 30, 2025, to holders of record as of the close of business on June 9, 2025.

Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.

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