Thursday, January 5, 2012

First General Bank Declared Cash Dividend

First General Bank, Rowland Heights, announced that its Board
of Directors declared a cash dividend of twenty cents per common
share, payable on January 5, 2012, to stockholders of record at the
close of business on December 21, 2011. This is the first dividend
payment in the Banks young history, noted President and Chief
Executive Officer Cliff Hsu. The strategic actions that we have
taken in the last several years, including focusing on growing
businesses we know and do best, operating at high efficiency and
the recent mergers, have produced great financial and operational
results for us, Hsu added, We are absolutely pleased. About First
General Bank First General Bank, founded in 2005, had total assets
of approximately $500 million as of December 31, 2011. First
General Bank is headquartered in Rowland Heights, California, with
branches in Arcadia, Irvine, Rosemead, Rowland Heights, and San
Gabriel, California. First General Bank focuses on personalized
service, combined with a full range of conventional and online core
consumer and commercial banking products and cash management
services for small to medium sized businesses and individuals
residing or doing business in southern California.

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