"We are pleased to be able to resume paying a quarterly cash dividend to our shareholders, who have been very loyal over the years," said
The payment of cash dividends remains subject to review by the appropriate regulatory authorities and the Board of Directors on a quarterly basis.
Additionally, the Board of Directors will consider, on a regular basis, the partial redemption of the 9%, Cumulative Perpetual Preferred Stock, Series A. On
Safe Harbor Disclosure
This release contains forward-looking statements that reflect management's current views of future events and operation including statements regarding the declaration and payment of any future cash dividends and any future redemption of any 9% Cumulative Perpetual Preferred Stock, Series A. These forward-looking statements are based on information currently available to the Company as of the date of this release. It is important to note that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including, but not limited to, the ability of the Company to implement its strategy, expand its lending operations, and recognize earnings. For a more complete discussion of risks and uncertainties, investors and security holders are urged to real the Company's annual report on Form 10-K, quarterly reports on Form 10-Q and other reports filed by the Company with the
Martin E. PlourdPresident/CEO 805.692.4382 www.communitywestbank.com