LONG BEACH, Calif.--(BUSINESS WIRE)--
Farmers & Merchants Bank of Long Beach (OTCBB: FMBL) today announced
that its board of directors has declared a regular quarterly cash
dividend of $22 per share and a special dividend of $26 per share on the
Bank’s common stock. Both the quarterly and special dividends are
payable on December 15, 2014 to shareholders of record as of December 1,
2014.
The declaration represents F&M’s 480th dividend payment, including
special dividends, since the Bank was founded in 1907.
About Farmers & Merchants Bank of Long Beach
Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank
has 23 branches in Los Angeles and Orange Counties. The Bank specializes
in commercial and small business banking along with business loan
programs. Farmers & Merchants Bank of Long Beach is a California state
chartered bank with deposits insured by the Federal Deposit Insurance
Corporation (Member FDIC) and an Equal Housing Lender. For more
information about F&M, please visit www.fmb.com.
Farmers & Merchants Bank of Long Beach
John Hinrichs,
562-499-4835
Executive Vice President
or
PondelWilkinson
Inc.
Evan Pondel, 310-279-5980
Corporate & Investor Relations
investor@pondel.com
Source: Farmers & Merchants Bank of Long Beach