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Cashmere Valley Bank Reports Quarterly Earnings of $7 3 Million
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Cashmere Valley Bank Reports Quarterly Earnings of $7 3 Million
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Cashmere Valley Bank Reports Quarterly Earnings of $7 3 Million
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CASHMERE, WA / ACCESSWIRE / April 13, 2021 / Cashmere Valley Bank (OTCQX:CSHX) (the Bank ), announced today that it has commenced a tender offer to purchase up to 340,000 shares of its common stock at a price per share of $70.00. The tender offer is expected to expire on May 13, 2021, unless extended. Tenders of shares must be made prior to the expiration of the tender offer and may be withdrawn at any time prior to that time. As of March 31, 2021, the Bank had 3,972,304 shares of Common Stock issued and outstanding of 10,000,000 total shares authorized. The 340,000 Shares represent approximately 8.6% of the total number of Shares issued and outstanding as of March 31, 2021.