http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Tue, 07 Jul 2026 04:27:10 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Corporate+News/Summit+Bancshares+completes+asset+transfer+to+SF+Federal+Credit+Union/26737474.html <p>Summit Bancshares, Inc. and its subsidiary, Summit Bank, based in Oakland, California, have completed a Purchase and Assumption transaction with San Francisco Federal Credit Union (SFFCU), in which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit's liabilities.</p><p>Following shareholder approval of the Purchase and Assumption Agreement, Summit Bancshares will proceed with the dissolution and liquidation of Summit Bank over the next year. Cash proceeds from the transaction will be distributed to Summit Bancshares shareholders in multiple installments.</p><p>An initial distribution to shareholders is anticipated in late July or early August 2026, with two additional distributions planned http://www.streetinsider.com/Corporate+News/Summit+Bancshares+completes+asset+transfer+to+SF+Federal+Credit+Union/26737474.html Tue, 07 Jul 2026 04:27:10 -0400 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. </p><p> Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit Bancshares, Inc., over the next year, Summit will proceed with the dissolution and liquidation of Summit and distribute to the shareholders of Summit Bancshares, Inc. the cash proceeds from the transaction http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html Tue, 07 Jul 2026 03:59:00 -0400 A.42571717 O.00049864 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. </p><p> Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit Bancshares, Inc., over the next year, Summit will proceed with the dissolution and liquidation of Summit and distribute to the shareholders of Summit Bancshares, Inc. the cash proceeds from the transaction http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html Tue, 07 Jul 2026 03:59:00 -0400 A.42571717 O.00049864 O.01115028 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. </p><p> Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit Bancshares, Inc., over the next year, Summit will proceed with the dissolution and liquidation of Summit and distribute to the shareholders of Summit Bancshares, Inc. the cash proceeds from the transaction http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html Tue, 07 Jul 2026 03:59:00 -0400 A.42571717 O.00049864 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. </p><p> Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit Bancshares, Inc., over the next year, Summit will proceed with the dissolution and liquidation of Summit and distribute to the shareholders of Summit Bancshares, Inc. the cash proceeds from the transaction http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html Tue, 07 Jul 2026 03:59:00 -0400 A.42571717 O.00049864 O.01115028 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. </p><p> Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit Bancshares, Inc., over the next year, Summit will proceed with the dissolution and liquidation of Summit and distribute to the shareholders of Summit Bancshares, Inc. the cash proceeds from the transaction http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html Tue, 07 Jul 2026 03:59:00 -0400 A.42571717 O.00049864 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. </p><p> Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit Bancshares, Inc., over the next year, Summit will proceed with the dissolution and liquidation of Summit and distribute to the shareholders of Summit Bancshares, Inc. the cash proceeds from the transaction http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html Tue, 07 Jul 2026 03:59:00 -0400 A.42571717 O.00049864 O.01115028 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. </p><p> Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit Bancshares, Inc., over the next year, Summit will proceed with the dissolution and liquidation of Summit and distribute to the shareholders of Summit Bancshares, Inc. the cash proceeds from the transaction http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html Tue, 07 Jul 2026 03:59:00 -0400 A.42571717 O.00049864 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. </p><p> Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit Bancshares, Inc., over the next year, Summit will proceed with the dissolution and liquidation of Summit and distribute to the shareholders of Summit Bancshares, Inc. the cash proceeds from the transaction http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Completion+of+Purchase+and+Assumption+Transaction+with+San+Francisco+Federal+Credit+Union/26737471.html Tue, 07 Jul 2026 03:59:00 -0400 A.42571717 O.00049864 O.01115028 SMAL http://www.streetinsider.com/Dividends/Summit+Bancshares%2C+Inc.+%28SMAL%29+Declares+%240.43+Special+Dividend%3B+0.8%25+Yield/25562525.html <p>Summit Bancshares, Inc. (OTC: SMAL) declared a special dividend of $0.43 per share.</p><p>The dividend will be payable on December 30, 2025, to stockholders of record on December 3, 2025, with an ex-dividend date of December 2, 2025.</p><p>The annual yield on the dividend is 0.8 percent.</p><p>For a dividend history and other dividend-related data on Summit Bancshares, Inc. (SMAL) <a href="http://www.streetinsider.com/dividend_history.php?q=SMAL">click here</a>.</p> http://www.streetinsider.com/Dividends/Summit+Bancshares%2C+Inc.+%28SMAL%29+Declares+%240.43+Special+Dividend%3B+0.8%25+Yield/25562525.html Wed, 05 Nov 2025 16:23:27 -0400 SMAL http://www.streetinsider.com/Special+Dividends/Summit+Bancshares%2C+Inc.+%28SMAL%29+Declares+%240.43+Special+Dividend%3B+0.8%25+Yield/25562525.html <p>Summit Bancshares, Inc. (OTC: SMAL) declared a special dividend of $0.43 per share.</p><p>The dividend will be payable on December 30, 2025, to stockholders of record on December 3, 2025, with an ex-dividend date of December 2, 2025.</p><p>The annual yield on the dividend is 0.8 percent.</p><p>For a dividend history and other dividend-related data on Summit Bancshares, Inc. (SMAL) <a href="http://www.streetinsider.com/dividend_history.php?q=SMAL">click here</a>.</p> http://www.streetinsider.com/Special+Dividends/Summit+Bancshares%2C+Inc.+%28SMAL%29+Declares+%240.43+Special+Dividend%3B+0.8%25+Yield/25562525.html Wed, 05 Nov 2025 16:23:27 -0400 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25562474.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- The Board of Directors of Summit Bancshares Inc., at a meeting held on October 15, 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 December 30, 2025, to holders of record as of the close of business on December 3, 2025. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251105137864r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20251105137864/en/" rel="nofollow">https://www.businesswire.com/news/home/20251105137864/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25562474.html Wed, 05 Nov 2025 16:22:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25562474.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- The Board of Directors of Summit Bancshares Inc., at a meeting held on October 15, 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 December 30, 2025, to holders of record as of the close of business on December 3, 2025. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251105137864r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20251105137864/en/" rel="nofollow">https://www.businesswire.com/news/home/20251105137864/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25562474.html Wed, 05 Nov 2025 16:22:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25562474.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- The Board of Directors of Summit Bancshares Inc., at a meeting held on October 15, 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 December 30, 2025, to holders of record as of the close of business on December 3, 2025. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251105137864r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20251105137864/en/" rel="nofollow">https://www.businesswire.com/news/home/20251105137864/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25562474.html Wed, 05 Nov 2025 16:22:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25562474.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- The Board of Directors of Summit Bancshares Inc., at a meeting held on October 15, 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 December 30, 2025, to holders of record as of the close of business on December 3, 2025. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251105137864r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20251105137864/en/" rel="nofollow">https://www.businesswire.com/news/home/20251105137864/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25562474.html Wed, 05 Nov 2025 16:22:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25214189.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- 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. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250815235943r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250815235943/en/" rel="nofollow">https://www.businesswire.com/news/home/20250815235943/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25214189.html Fri, 15 Aug 2025 16:55:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25214189.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- 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. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250815235943r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250815235943/en/" rel="nofollow">https://www.businesswire.com/news/home/20250815235943/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25214189.html Fri, 15 Aug 2025 16:55:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25214189.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- 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. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250815235943r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250815235943/en/" rel="nofollow">https://www.businesswire.com/news/home/20250815235943/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25214189.html Fri, 15 Aug 2025 16:55:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25214189.html <p> OAKLAND, Calif.--(BUSINESS WIRE)-- 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. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250815235943r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250815235943/en/" rel="nofollow">https://www.businesswire.com/news/home/20250815235943/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/25214189.html Fri, 15 Aug 2025 16:55:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/24656003.html <p> 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. </p><p> Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250417853884r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250417853884/en/" rel="nofollow">https://www.businesswire.com/news/home/20250417853884/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/24656003.html Thu, 17 Apr 2025 19:49:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/24656003.html <p> 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. </p><p> Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250417853884r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250417853884/en/" rel="nofollow">https://www.businesswire.com/news/home/20250417853884/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/24656003.html Thu, 17 Apr 2025 19:49:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/24656003.html <p> 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. </p><p> Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250417853884r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250417853884/en/" rel="nofollow">https://www.businesswire.com/news/home/20250417853884/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/24656003.html Thu, 17 Apr 2025 19:49:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/24656003.html <p> 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. </p><p> Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250417853884r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250417853884/en/" rel="nofollow">https://www.businesswire.com/news/home/20250417853884/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+Special+Cash+Dividend/24656003.html Thu, 17 Apr 2025 19:49:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+1st+Quarter+Cash+Dividend/24218481.html <p> 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. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250116333873r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250116333873/en/" rel="nofollow">https://www.businesswire.com/news/home/20250116333873/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: Summit Bancshares, Inc.</p> http://www.streetinsider.com/Press+Releases/Summit+Bancshares%2C+Inc.+Announces+1st+Quarter+Cash+Dividend/24218481.html Thu, 16 Jan 2025 19:04:00 -0400 O.01115028 SMAL http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+1st+Quarter+Cash+Dividend/24218481.html <p> 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. </p><p> Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank. </p><p><img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20250116333873r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en" style="width:0;height:0" /><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on <a target="_blank" href="http://businesswire.com">businesswire.com</a>: </span><span id="mmgallerylink-link"><a target="_blank" href="https://www.businesswire.com/news/home/20250116333873/en/" rel="nofollow">https://www.businesswire.com/news/home/20250116333873/en/</a></span></p> <p> <b>Shirley W. Nelson </b><br></br><b>(510) 839-8800</b> </p> <p>Source: Summit Bancshares, Inc.</p> http://www.streetinsider.com/Business+Wire/Summit+Bancshares%2C+Inc.+Announces+1st+Quarter+Cash+Dividend/24218481.html Thu, 16 Jan 2025 19:04:00 -0400 O.01115028 SMAL