LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach (OTCBB: FMBL) today announced that its board of directors has declared a regular quarterly cash dividend of $22 per share on the Bank’s common stock. The quarterly dividend is payable June 30, 2014 to shareholders of record as of June 13, 2014. The declaration represents F&M’s 477th dividend payment, including special dividends, since the Bank was founded in 1907.
About Farmers & Merchants Bank of Long Beach
Founded in Long Beach in 1907 by C.J. Walker, Farmers & Merchants Bank has 23 branches in Los Angeles and Orange Counties. The Bank specializes in commercial and small business banking along with business loan programs. Farmers & Merchants Bank of Long Beach is a California state chartered bank with deposits insured by the Federal Deposit Insurance Corporation (Member FDIC) and an Equal Housing Lender. For more information about F&M, please visit www.fmb.com.