(MIVB) Mid Valley Bank Declares Cash Dividend.Business Editors RED BLUFF, Calif.--(BUSINESS WIRE)--Jan. 27, 2000 The Board of Directors of Red Bluff based Mid Valley Bank (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MIVB MIVB Maatschappij voor Intercommunaal Vervoer te Brussel ) has declared a cash dividend of $.40 per share according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. board chairman Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. C. Jones. The cash dividend will be paid March 3, 2000 to shareholders of record on February 11, 2000. &uot;We are excited about the strength of current earnings and the prospects for the coming year,&uot; stated Jones. &uot;The board is very pleased to share the bank's success with our stockholders.&uot; Mid Valley Bank recently announced fourth quarter results that reflected a 39% increase over the same period a year ago. Mid Valley Bank is a locally-owned, community business bank with offices in Red Bluff, Corning and Redding Redding, city (1990 pop. 66,462), seat of Shasta co., N central Calif., on the Sacramento River; inc. 1872. A principal tourist center for a mountain and lake region, it also has lumbering, food-processing, and diverse manufacturing. . The bank focuses on real estate construction lending, agricultural production loans and commercial lending to the business and professional community. Founded in 1975, the bank will celebrate its 25th anniversary this year. A $.40 per share cash dividend was also declared in 1999. More information about Mid Valley Bank can be obtained at its website, www.midvalleybank.com. |
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