Summit Bancshares, Inc. Announces Special Cash Dividend

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4:55 PM on Friday, August 15, 2025

The Associated Press

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.

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

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