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.

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/20221020006143/en/