California Independent Bancorp Declares Cash Dividend.Business Editors YUBA CITY Yuba City (y `bə), town (1990 pop. 27,437), seat of Sutter co., N central Calif., on the Feather River; founded 1849 during the gold rush; inc. 1908. , Calif.--(BUSINESS WIRE)--April 18, 2001 At the regular meeting of the Board of Directors of California Independent Bancorp on Tuesday, April 17th, 2001, the Directors declared an eleven cent ($0.11) per share cash dividend on all the outstanding common stock of the Corporation, payable on May 25, 2001 to shareholders of record as of the close of business, May 11, 2001. The Company has paid cash dividends on its common stock since 1980, and has paid consecutive quarterly cash dividends since 1991. California Independent Bancorp stock is listed on the NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. Inc., using the trading symbol Trading symbol See: Ticker symbol "CIBN". California Independent Bancorp and its subsidiary, Feather River
The Feather River is a principal tributary of the Sacramento River, 170 miles in length, in Northern California in the United States. State Bank with $289.1 million in assets as of March 31, 2001, engages in a broad range of financial services activities. Its primary market is located in the northern portion of the Sacramento Valley, with a total of seven branches positioned in five counties. In addition, the Bank operates one loan production office ("LPO LPO London Philharmonic Orchestra LPO Legal Process Outsourcing LPO Local Purchase Order LPO Louisiana Philharmonic Orchestra LPO Legal Process Offshoring LPO Leading Petty Officer LPO Loan Production Office LPO Lattice Preferred Orientation ") located in Roseville, California. This LPO emphasizes commercial real estate, residential construction and commercial lending. Additionally, Feather River State Bank plans to open a new full service branch in Lincoln, California during the second quarter of 2001. |
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