LONG BEACH, Calif.--(BUSINESS WIRE)--
Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced
that its board of directors has declared a regular quarterly cash
dividend of $23 per share and a special Christmas dividend of $27 per
share on the Bank’s common stock.
Both the quarterly and special dividends are payable on December 15,
2017 to shareholders of record as of December 1, 2017. The declaration
represents F&M’s 495th dividend payment, including special dividends.
F&M has paid a dividend each year to shareholders since 1916.
About Farmers & Merchants Bank of Long Beach
Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank
has 24 branches across Orange County, Long Beach and the South Bay. The
Bank specializes in commercial and small business banking, business loan
programs, home loans, and a robust offering of consumer retail banking
products, including checking, savings and youth accounts. Farmers &
Merchants Bank 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
the website, www.fmb.com.
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Farmers & Merchants Bank of Long Beach
John Hinrichs
Executive
Vice President
562-437-0011, ext. 5035
or
PondelWilkinson
Inc.
Evan Pondel
Corporate & Investor Relations
310-279-5980
investor@pondel.com
Source: Farmers & Merchants Bank of Long Beach