Capital Corp of the West Announces a 5% Stock Dividend.Business Editors MERCED Merced (mərsĕd`), city (1990 pop. 56,216), seat of Merced co., central Calif.; inc. 1889. It is a growing city and a center for tourism and farm trade in a cotton, fruit, and dairy region. , Calif.--(BUSINESS WIRE)--Feb. 25, 2003 Upon review of the successful 2002 year, the Board of Directors of Capital Corp of the West (Nasdaq:CCOW CCOW Clinical Context Object Workgroup CCOW Channel Control Order Wire CCOW Control Channel Order Wire CCOW Contributing to Coalition Operations Worldwide CCOW Computer Care on Wheels (Brantford, Ontario, Canada) ) today declared a 5% stock dividend for shareholders of record as of April 1, 2003, payable on April 25, 2003. As of December December: see month. 31, 2002, the total number of shares outstanding was 5,325,082 and the book value per share was $14.49. After the stock dividend, on a proforma Proforma A financial projection based on assumptions. basis, the total number of shares outstanding will be 5,591,336 and the book value per share will be $13.80 as of December 31, 2002. Capital Corp of the West, a bank holding company established November 1, 1995, is the parent company of County Bank, celebrating over 25 years of service as "Central California's Community Bank." Currently County Bank has sixteen branches and two loan production offices serving the communities of Fresno, Madera, Mariposa, Merced, Stanislaus, Stockton, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Tulare and Tuolumne counties. For further information about the Company's financial performance, contact Tom Hawker, President & Chief Executive Officer at 209/725-2276, or R. Dale McKinney, Executive Vice President and Chief Financial Officer, at 209/725-7435. |
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