Articles from Summit Bancshares, Inc.

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.

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., the parent company of Summit Bank, is pleased to welcome Ms. Denise Dodini as a member of the Board of Directors.

The Board of Directors of Summit Bancshares Inc., at a meeting held on September 18, 2024, in recognition of the bank’s 42nd year in business, declared a one-time special cash dividend of $0.31 per share, payable on October 31, 2024, to holders of record as of the close of business on October 10, 2024.

The Board of Directors of Summit Bancshares, Inc., at a meeting held on April 17, 2024, in recognition of the bank’s 42nd year in business, declared a one-time special cash dividend of $0.42 per share, payable on June 28, 2024, to holders of record as of the close of business on May 31, 2024.

The Board of Directors of Summit Bancshares Inc., at a meeting held on January 17, 2024, in recognition of the bank’s 42nd year in business, declared a one-time special cash dividend of $0.42 per share, payable on February 29, 2024, to holders of record as of the close of business on February 12, 2024.

The Board of Directors of Summit Bancshares Inc., at a meeting held on January 17, 2024, declared a quarterly cash dividend of $0.11 per share, an increase of $0.01 from 2023 quarterly dividends, payable on March 15, 2024, to holders of record as of the close of business on February 23, 2024.

The Board of Directors of Summit Bancshares Inc., at a meeting held on October 18, 2023, declared a quarterly cash dividend of $0.10 per share, payable on December 15, 2023, to holders of record as of the close of business on November 24, 2023.

The Board of Directors of Summit Bancshares Inc., at a meeting held on July 19, 2023, declared a quarterly cash dividend of $0.10 per share, payable on September 15, 2023, to holders of record as of the close of business on August 25, 2023.

The Board of Directors of Summit Bancshares, Inc., at a meeting held on May 17, 2023, in recognition of the bank’s 41st successful year in business, declared a second special dividend of $0.41 per share, payable on June 30, 2023, to Shareholders of record as of close of business on June 9, 2023.

The Board of Directors of Summit Bancshares, Inc. at a meeting held on January 18, 2023, in recognition of the bank’s 41st year in business, declared a one-time special cash dividend of $0.41 per share, payable on February 8, 2023, to holders of record as of the close of business on January 25, 2023.

Summit Bancshares, Inc., the parent company of Summit Bank, is pleased to welcome Ms. Nancy E. O’Malley, Esq. as a member of the Board of Directors. Ms. O’Malley is currently serving as a Board Member for the Summit Bank Foundation.