SOUTH HILL, Va., Nov. 23, 2015 /PRNewswire/ -- CCB Bankshares, Inc. (OTCQB: CZYB) announced today that the Board of Directors of CCB Bankshares, Inc., the holding company of Citizens Community Bank, declared an annual cash dividend of $.07 per share to common shareholders of record on December 1, 2015 payable on January 15, 2016. James R. Black, President and Chief Executive Officer, commented, "We are proud to reward our shareholders with this annual dividend." The $.07 per share dividend is an increase of $.02 per share from 2014.
Citizens Community Bank is a Virginia state chartered bank headquartered in South Hill, Virginia. Opened in December 1999, it operates five branches, three in south central Virginia, two in northern North Carolina and loan production centers in North Raleigh and Louisburg, North Carolina. For more information and additional financial data, please visit www.ccbsite.com.
This press release contains "forward-looking statements" that concern future events which are subject to risks and uncertainties. Any such statements are based on certain assumptions and analyses by the Bank and other factors it believes are appropriate in the circumstances and at the time at which such statements are made. The Bank's actual results, events and developments may differ materially from those contemplated by any forward-looking statement. The Bank has no responsibility to update such forward-looking statements.
SOURCE CCB Bankshares, Inc.