{"id":386084,"date":"2020-11-20T11:03:12","date_gmt":"2020-11-20T16:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386084"},"modified":"2020-11-20T11:03:12","modified_gmt":"2020-11-20T16:03:12","slug":"exchange-bank-declares-fourth-quarter-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/exchange-bank-declares-fourth-quarter-cash-dividend\/","title":{"rendered":"Exchange Bank Declares Fourth Quarter Cash Dividend"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Exchange Bank Declares Fourth Quarter Cash Dividend<\/b><\/p>\n<p>SANTA ROSA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nOn November 17, 2020, the Exchange Bank (OTC: EXSR) Board of Directors declared a quarterly cash dividend of $1.20 per share on common stock outstanding to shareholders of record at the close of business on November 27, 2020. The dividend is payable December 11, 2020. The cash dividend is unchanged from the prior quarter\u2019s dividend of $1.20 per share. The dividend has increased from $1.15 per share during the similar quarter ending December 31, 2019, an increase of 4.35%.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20201120005206\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201120005206\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201120005206\/en\/658934\/4\/Exchange_Bank_SR_Main_exterior.jpg\" alt=\"Exchange Bank main office in downtown Santa Rosa (545 Fourth Street) (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Exchange Bank main office in downtown Santa Rosa (545 Fourth Street) (Photo: Business Wire)<\/p>\n<\/div>\n<p>\n50.44% of the Bank\u2019s cash dividend goes to the Doyle Trust which funds the Doyle Scholarships at the Santa Rosa Junior College.\n<\/p>\n<p><b>FORWARD-LOOKING INFORMATION:<\/b><\/p>\n<p>\nThe following appears in accordance with the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cestimate,\u201d or words of similar meaning, or future or conditional verbs such as \u201cwill,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201ccould,\u201d or \u201cmay.\u201d\n<\/p>\n<p>\nForward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors \u2014 many of which are beyond the Company\u2019s control \u2014 could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.\n<\/p>\n<p><b>About Exchange Bank<\/b><\/p>\n<p>\nHeadquartered in Sonoma County and founded in 1890, Exchange Bank is a premier community bank with assets of $3 billion. Exchange Bank provides a wide range of personal, commercial and trust and investment services with 18 branches in Sonoma County and a commercial branch in Roseville, California. The Bank\u2019s legacy of financial leadership and community support is grounded in its core values of Commitment, Respect, Integrity and Teamwork.\n<\/p>\n<p>\nExchange Bank is a 15-time winner of the North Bay Business Journal\u2019s (NBBJ) Best Places to Work survey, a recipient of the 2020 North Bay Community Philanthropy Award and the 2019 Healthiest Companies in the North Bay Award. NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank. The Petaluma People\u2019s Choice Awards named Exchange Bank the Best Local Bank and the North Bay Bohemian\u2019s Best of 2019 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank. Exchange Bank can also be found in the NBBJ\u2019s Book of Lists as a leading lender and wealth management advisor\u2014claiming the #1 position in SBA 7(a) lending in Sonoma County for 2020. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.exchangebank.com&amp;esheet=52333021&amp;newsitemid=20201120005206&amp;lan=en-US&amp;anchor=www.exchangebank.com&amp;index=1&amp;md5=12b40482ac7cdc3148f21b973cc1043d\">www.exchangebank.com<\/a>.\n<\/p>\n<p class=\"bwalignc\">\nMember FDIC \u2014 Equal Housing Lender \u2014 Equal Opportunity Employer\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201120005206r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201120005206\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201120005206\/en\/<\/a><\/span><\/p>\n<p>\nGreg Jahn<br \/>\n<br \/>EVP, Chief Financial Officer<br \/>\n<br \/>Exchange Bank<br \/>\n<br \/>(707) 524-3218\n<\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Education Other Professional Services Finance Other Education Banking<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201120005206\/en\/658934\/3\/Exchange_Bank_SR_Main_exterior.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Exchange Bank main office in downtown Santa Rosa (545 Fourth Street) (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201120005206\/en\/685968\/3\/EB_logo_2_line_tag-Member_FDIC.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Exchange Bank Declares Fourth Quarter Cash Dividend SANTA ROSA, Calif.&#8211;(BUSINESS WIRE)&#8211; On November 17, 2020, the Exchange Bank (OTC: EXSR) Board of Directors declared a quarterly cash dividend of $1.20 per share on common stock outstanding to shareholders of record at the close of business on November 27, 2020. The dividend is payable December 11, 2020. The cash dividend is unchanged from the prior quarter\u2019s dividend of $1.20 per share. The dividend has increased from $1.15 per share during the similar quarter ending December 31, 2019, an increase of 4.35%. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201120005206\/en\/ Exchange Bank main office in downtown Santa Rosa (545 Fourth Street) (Photo: Business Wire) 50.44% of the Bank\u2019s cash &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/exchange-bank-declares-fourth-quarter-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Exchange Bank Declares Fourth Quarter Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386084","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Exchange Bank Declares Fourth Quarter Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/exchange-bank-declares-fourth-quarter-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exchange Bank Declares Fourth Quarter Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Exchange Bank Declares Fourth Quarter Cash Dividend SANTA ROSA, Calif.&#8211;(BUSINESS WIRE)&#8211; On November 17, 2020, the Exchange Bank (OTC: EXSR) Board of Directors declared a quarterly cash dividend of $1.20 per share on common stock outstanding to shareholders of record at the close of business on November 27, 2020. The dividend is payable December 11, 2020. The cash dividend is unchanged from the prior quarter\u2019s dividend of $1.20 per share. The dividend has increased from $1.15 per share during the similar quarter ending December 31, 2019, an increase of 4.35%. This press release features multimedia. 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