Farmers & Merchants Bank of Long Beach Declares First-Quarter Cash Dividend of $27 Per Share

Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced that its board of directors has declared a regular quarterly cash dividend of $27 per share.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Monday, February 25, 2019
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Small business, Professional services, Banking, Finance, Financial services, Economy, Finance, Bank regulation in the United States, Dividend, Shareholders, Federal Deposit Insurance Corporation, Bank, Deposit insurance
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United States, California
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FARMERS & MERCHANTS BANK OF LONG BEACH
Summary
Key Points: 
  • Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced that its board of directors has declared a regular quarterly cash dividend of $27 per share.
  • F&M has paid a dividend each year to shareholders since 1916, and the value of F&Ms quarterly dividend has never decreased.
  • Walker, Farmers & Merchants Bank has 25 branches across Orange County, Long Beach, the South Bay and now in Santa Barbara.
  • 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.


Farmers & Merchants Bank of Long Beach (OTCQB: FMBL) today announced
that its board of directors has declared a regular quarterly cash
dividend of $27 per share. The quarterly dividend is payable on March
29, 2019 to shareholders of record as of March 15, 2019.

The declaration represents F&M’s 501st dividend payment, including
special dividends. F&M has paid a dividend each year to shareholders
since 1916, and the value of F&M’s quarterly dividend has never
decreased.

About Farmers & Merchants Bank of Long Beach

Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank
has 25 branches across Orange County, Long Beach, the South Bay and now
in Santa Barbara. 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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