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Community Bankers Trust Corporation Announces Quarterly Dividend

Community Bankers Trust Corporation Announces Quarterly Dividend

By PR Newswire

 

RICHMOND, Va., Feb. 3, 2021  Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, announced today that its Board of Directors has declared a quarterly dividend of $0.06 per share with respect to the Company’s outstanding common stock.  The dividend will be payable on March 1, 2021 to shareholders of record at the close of business on February 18, 2021.

Community Bankers Trust Corporation logo. (PRNewsFoto/Community Bankers Trust Corporation) (PRNewsfoto/COMMUNITY BANKERS TRUST CORP.)

 

About Community Bankers Trust Corporation and Essex Bank

Community Bankers Trust Corporation is the holding company for Essex Bank, a Virginia state bank with 24 full-service offices, 18 of which are in Virginia and six of which are in Maryland.  The Bank also operates two loan production offices.

Banking Industry Segmentation by Total Assets. By industry total assets, Community Banks are erroneously underestimated for their importance. Banks with total assets greater than $10 billion hold 85 percent of banking industry assets – with the top four banks holding fifty percent of those large bank assets. However, Community Banks hold $3.2 trillion in total assets which are very important to the markets that they serve.

Banking Industry Segmentation by Bank Size.  But Community Banks dominate the numbers. Community Banks represent over 97 percent of banks operating in the U.S.  The U.S. is characterized by a “dual banking” system: national and state banking charters. Is the more important definition of the “dual banking system”: Community Banks and Large Banks? Would this perspective better drive regulation and other policy and practices?

Banking Industry Segmentation by Bank Size. But Community Banks dominate the numbers. Community Banks represent over 97 percent of banks operating in the U.S.

The U.S. is characterized by a “dual banking” system: national and state banking charters. Is the more important definition of the “dual banking system”: Community Banks and Large Banks? Would this perspective better drive regulation and other policy and practices?

This news was shared tPrittlePrattle News – Latest News India via press release.

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