Golden Valley Bank 2012 Stock Repurchase Plan Continues
CHICO, Calif.--(BUSINESS WIRE)-- Golden Valley Bank (OTCBB: GVYB), headquartered in Chico, California today announced that its 2012 Stock Repurchase Plan is approximately two-thirds complete with 43,221 shares repurchased. This represents just over 2% of the Company's shares outstanding prior to the repurchase. The Bank may continue to purchase shares under the plan through the first quarter of 2013.
Shareholders interested in selling their shares are encouraged to contact the Bank directly for more details.
Golden Valley Bank is a locally owned and operated commercial bank serving the needs of individuals and businesses in northern California. The Bank has a full service office in Chico, California and a Loan Production Office in Redding, California. For more information regarding the bank please call at (530) 894-1000 or visit www.goldenvalleybank.com.
Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results are pre-fiscal year-end audit and may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, balance sheet management, expanded net interest margin, the ability to control costs and expenses, interest rate changes and financial policies of the United States government and general economic conditions. The Bank disclaims any obligation to update any such factors.
KEYWORDS: United States North America California
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