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SIERRA TAHOE BANCORP DECLARES 10 PERCENT STOCK DIVIDEND

 SIERRA TAHOE BANCORP DECLARES 10 PERCENT STOCK DIVIDEND
 TRUCKEE, Calif., May 11 /PRNewswire/ -- Sierra Tahoe Bancorp (NASDAQ: STBS) announced today that its board of directors declared a 10 percent stock dividend on May 6, payable June 15, 1992, to shareholders of record on May 26, 1992.
 "The declaration of this stock dividend," said Jerrold T. Henley, president and chief executive officer, "is our way of recognizing the support and confidence of our shareholders over the past several years."
 Sierra Tahoe Bancorp is the holding company for Truckee River Bank in Truckee, Calif. and Sierra Bank of Nevada in Reno.
 -0- 5/11/92
 /CONTACT: Doug Sherk or Jenifer Kirtland, 415-296-7383; or Miriam Adler or Jaideep Khanna, 212-986-5900, all of Morgen-Walke Associates for Sierra Tahoe Bancorp/
 (STBS) CO: Sierra Tahoe Bancorp ST: California, Nevada IN: FIN SU: DIV


MC-RM -- SF002 -- 8390 05/11/92 07:31 EDT
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Publication:PR Newswire
Date:May 11, 1992
Words:146
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