Articles from Summit Bancshares Inc.

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.

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.

The Board of Directors of Summit Bancshares Inc., at a meeting held on April 17, 2024, declared a quarterly cash dividend of $0.11 per share, payable on June 14, 2024, to holders of record as of the close of business on May 24, 2024.

The Board of Directors of Summit Bancshares Inc., at a meeting held on April 19, 2023, declared its quarterly cash dividend of $0.10 per share, payable on June 15, 2023, to shareholders of record as of the close of business on May 25, 2023.

The Board of Directors of Summit Bancshares Inc., at a meeting held on January 18, 2023, declared a quarterly cash dividend of $0.10 per share, payable on March 15, 2023, to holders of record as of the close of business on February 22, 2023.

The Board of Directors of Summit Bancshares Inc., at a meeting held on October 19, 2022, declared a quarterly cash dividend of $0.10 per share, payable on December 15, 2022, to holders of record as of the close of business on November 23, 2022. The total dividend declared for 2022 will be $0.40/share.

The Board of Directors of Summit Bancshares Inc., at a meeting held on July 20, 2022, declared a quarterly cash dividend of $0.10 per share, payable on September 15, 2022, to holders of record as of the close of business on August 25, 2022.

The Board of Directors of Summit Bancshares Inc., at a meeting held on Jan 19, 2022, voted to change the frequency of Shareholder Dividends from semi-annual to quarterly and declared a quarterly cash dividend of $0.10 per share, an effective increase of $0.01 per share, payable on March 15, 2022, to holders of record as of the close of business on February 22, 2022.

The Board of Directors of Summit Bancshares Inc., at a meeting held on July 22, 2021, declared a cash dividend of $0.18 per share, payable on August 31, 2021, to holders of record as of the close of business on August 10, 2021.