State Bank Corp Az (SBAZ) 5.0500 $SBAZ
State Bank Corp.
State Bank Corp Az (SBAZ) 5.0500 $SBAZ
State Bank Corp. Agrees to Sell Yuma Branch to 1st Bank Yuma
GlobeNewswire - Tue Mar 31, 12:00PM CDT
State Bank Corp. (OTCQB:SBAZ), the holding company for Mohave State Bank, today announced that it has entered into a purchase agreement to sell its Yuma branch facility to 1 Bank Yuma in a transaction valued at approximately $750,000 (deposit premium of 4.45%) plus the purchase price of the real estate and equipment. The transaction incorporates the transfer of approximately $17 million in deposits along with the sale of approximately $18 million in loans.
State Bank Corp. declares $0.07 dividend
Seeking Alpha - at Seeking Alpha - Thu Mar 05, 12:55PM CST
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