[April 26, 2024]

Summit Bancshares, Inc. Announces a Special Dividend

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.

We are especially proud of our history f success having achieved monthly profits in our second month of operation and have consistently been profitable for 500 months.

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/20240426082708/en/

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