Summit State Bank declares dividend
SANTA ROSA — Summit State Bank (Nasdaq: SSBI) today reported that the board of directors declared a quarterly dividend of 9 cents per common share to shareholders of record on Aug. 11, 2011 and to be paid on Aug. 23, 2011.
Total assets were $374 million and total equity was $55 million as of March 31.
Headquartered in Sonoma County, the bank provides diverse financial products and services throughout Sonoma, Napa, San Francisco and Marin counties. It is a Premier Performing Bank, earning the highest Findley Reports designation of all Sonoma County-based banks.
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