-

Summit Bancshares, Inc. Announces Special Cash Dividend

OAKLAND, Calif.--(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.

Contacts

Shirley W. Nelson
(510) 839-8800

Summit Bancshares, Inc.

OTCBB:SMAL

Release Versions

Contacts

Shirley W. Nelson
(510) 839-8800

More News From Summit Bancshares, Inc.

Summit Bancshares, Inc. Announces 1st Quarter Cash Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on January 15, 2025, declared a quarterly cash dividend of $0.12 per share, an increase of $0.01 from 2024 quarterly dividends, payable on March 14, 2025, to holders of record as of the close of business on February 21, 2025. Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank....

Summit Bancshares, Inc. Announces the Appointment of Denise Dodini to the Board of Directors

OAKLAND, Calif.--(BUSINESS WIRE)--Summit Bancshares, Inc., the parent company of Summit Bank, is pleased to welcome Ms. Denise Dodini as a member of the Board of Directors. Denise Dodini joined Summit Bank in 1989 as a Loan Officer. During her time at Summit Bank, she became the Executive Vice President and Chief Credit Officer in 2012. Denise served as the Executive Vice President and CCO, until she retired from Summit Bank in 2021. On behalf of the employees, and the entire board of Summit Ba...

Summit Bancshares, Inc. Announces a Special Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares, Inc., at a meeting held on October 16, 2024, in recognition of the bank’s 42nd year in business, declared a special cash dividend of $0.42 per share, payable on December 13th, 2024, to holders of record as of the close of business on November 22nd, 2024. We are especially proud of our history of success, having achieved monthly profits in our second month of operation, and have consistently been profitable for 506 mo...
Back to Newsroom