CNBT Bancshares Inc. Declares Dividend.Business Editors HOUSTON--(BUSINESS WIRE)--Oct. 30, 2000 CNBT Bancshares Inc. (Nasdaq:CNBT) is pleased to announce that today its board of directors declared de·clare v. de·clared, de·clar·ing, de·clares v.tr. 1. To make known formally or officially. See Synonyms at announce. 2. To state emphatically or authoritatively; affirm. 3. a cash dividend of $0.12 per share, an annual rate of $0.46 per share, of common stock to be paid on or about Dec. 15, 2000, to stockholders of record as of Nov. 30, 2000. As previously announced CNBT Bancshares has entered into a definitive agreement with BOK Financial Corporation BOK Financial Corporation (BOKF) NASDAQ: BOKF, based in Tulsa, Oklahoma, is a financial services company in the West South Central States region of the United States. The corporate headquarters is located in the BOK Tower in downtown Tulsa. pursuant to which BOK Financial will acquire CNBT. This merger is expected to be voted on by CNBT stockholders during a special meeting that will be held during the fourth quarter 2000. The actual merger is expected to be completed during the first quarter 2001, if approved during the special meeting. CNBT Bancshares is a Houston-based bank holding company for Citizens National Bank of Texas which operates six community-banking offices that provide retail and commercial banking services primarily to individual customers and small businesses in the Houston Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; metropolitan area and Fort Bend Fort Bend was a blockhouse built in a large bend of the Brazos River in what is now Fort Bend County, Texas to provide protection against Indian raids. It was erected in November 1822 by several members of Stephen F. Austin's Old Three Hundred, including William W. County. At Sept. 30, 2000, CNBT had total assets of $431.7 million and deposits of approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. $357.7 million. |
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