People’s Bank Declares 5% Stock Dividend
February 28 2013 - 7:00PM
Business Wire
The board of directors of People’s Bank of Commerce (OTCBB:PBCO)
announced that it has declared a five percent stock dividend. The
five percent stock dividend will be paid on or about April 15, 2013
to shareholders of record March 15, 2013.
The locally-owned community bank recently reported earnings of
$875,000 for 2012, including $199,000 in the quarter ended December
31, 2012.
People’s Bank was organized in 1998 and operates from its new
main office in Medford with branch offices in Medford, Ashland and
Central Point, Oregon.
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