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CBB Bancorp Declares Quarterly Cash Dividend of $.08 Per Share

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LOS ANGELES--(BUSINESS WIRE)-- CBB Bancorp, Inc. (the "Company") (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.08 per common share. The dividend is payable on August 25, 2023, to all stockholders of record as of the close of business on August 11, 2023.

About CBB Bancorp, Inc.:

CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank which specializes in small-to medium-sized businesses and does business as “CBB Bank.” The Bank has eleven full-service branches in Los Angeles, Orange, and Dallas Counties and Honolulu, Hawaii; two SBA regional offices in Los Angeles and Dallas Counties; and five loan production offices in Texas, Georgia, Colorado and Washington.

For additional information, please go to www.cbb-bank.com.

Douglas J Goddard, EVP & CFO

(323) 988-3010

DouglasG@cbb-bank.com

Source: CBB Bancorp, Inc.

CBB BANCORP INC

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