<p>/PRNewswire/ -- Dogwood State Bank (OTCQX: DSBX)（&#34;Dogwood&#34;或&#34;银行&#34;）的股东在 2025 年 12 月 3 日的特别股东会议上批准了之前宣布的将 Dogwood 合并入 TowneBank (NASDAQ: TOWN) 的计划。</p>
<p><img src="https://imageproxy.pbkrs.com/https://mma.prnewswire.com/media/2842945/Dogwood_State_Bank_Logo.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://mma.prnewswire.com/media/2842945/Dogwood_State_Bank_Logo.jpg"/></p>
<p>各方预计合并将在 2026 年第一季度初完成，前提是满足所有惯常的成交条件，包括获得所有必要的监管批准。</p>
<p>Dogwood 的首席执行官 Steve Jones 表示：&#34;我们很高兴我们的股东批准了将 Dogwood 合并入 TowneBank 的提议。这一批准标志着一个重要的里程碑，我们期待完成合并并共同向前发展。&#34;</p>
<p><strong>关于 Dogwood State Bank</strong></p>
<p>Dogwood State Bank 是一家州特许的社区银行，总部位于北卡罗来纳州罗利，拥有约 24 亿美元的总资产。Dogwood 通过其在线服务和在北卡罗来纳州、南卡罗来纳州和东田纳西州的分支机构提供广泛的银行产品和服务。Dogwood 还专注于通过其 Dogwood State Bank 小企业贷款部门为小企业提供贷款服务。Dogwood 致力于成为企业、企业主、专业人士及其员工的银行，并重新定义本地银行的意义。</p>
<p><strong>前瞻性声明</strong></p>
<p>本新闻稿中所作的声明，除涉及历史财务信息和事实外，均可视为前瞻性声明，仅在本新闻稿日期时有效，并基于当前预期，涉及多项假设。前瞻性声明可以通过诸如&#34;预期&#34;、&#34;打算&#34;、&#34;计划&#34;、&#34;目标&#34;、&#34;寻求&#34;、&#34;相信&#34;、&#34;项目&#34;、&#34;估计&#34;、&#34;期望&#34;、&#34;战略&#34;、&#34;未来&#34;、&#34;可能&#34;、&#34;可以&#34;、&#34;应该&#34;、&#34;将&#34;及类似的未来时期参考词汇来识别。我们预测结果的能力，或我们未来计划或战略的实际效果，固有地是不确定的，并且受到多种风险的影响。可能对银行的运营和未来前景产生重大影响的因素包括但不限于：银行与 TowneBank 的合并（&#34;合并&#34;）可能无法及时或根本无法完成；合并所需的监管批准可能无法获得；银行与 TowneBank 的业务结合可能比预期的更耗时、更困难、耗费更多成本；合并所带来的预期增长机会或成本节约可能无法完全实现，或实现的时间可能比预期更长；合并后存款流失、运营成本、客户流失和业务中断，包括对员工和客户关系的不利影响，可能比预期更大；利率变化以及一般经济和商业条件；立法/监管变化；美国政府的货币和财政政策，包括美国财政部和美联储理事会的政策；银行贷款和证券投资组合的质量和构成；我们市场区域内贷款产品和其他金融服务的需求；通货膨胀；存款流动；竞争；我们实施新技术的能力以及开发和维护安全可靠的电子系统的能力；证券市场的变化；以及会计原则、政策和指导方针的变化。这些风险和不确定性应在评估前瞻性声明时予以考虑，不应对这些声明过度依赖。我们没有义务更新或澄清这些前瞻性声明，无论是由于新信息、未来事件还是其他原因。</p>
<p>来源：Dogwood State Bank</p>

Towne银行

<p>Dogwood State Bank 的股东已批准与 TowneBank 的合并，预计将在 2026 年初完成，待监管机构批准。Dogwood 是一家拥有 24 亿美元资产的社区银行，专注于小企业贷款。此次合并旨在增强增长机会和成本节约，但面临潜在风险，如监管障碍和整合挑战。首席执行官 Steve Jones 对合并的批准和未来前景表示乐观</p>

<p>, /PRNewswire/ -- Shareholders of Dogwood State Bank (OTCQX: DSBX) (&#34;Dogwood&#34; or the &#34;Bank&#34;) approved the previously announced merger of Dogwood into TowneBank (NASDAQ: TOWN) at a special meeting of shareholders on December 3, 2025.</p>
<div class="lb-trans"><p>/PRNewswire/ -- Dogwood State Bank (OTCQX: DSBX)（&#34;Dogwood&#34;或&#34;银行&#34;）的股东在 2025 年 12 月 3 日的特别股东会议上批准了之前宣布的将 Dogwood 合并入 TowneBank (NASDAQ: TOWN) 的计划。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://mma.prnewswire.com/media/2842945/Dogwood_State_Bank_Logo.jpg" alt="" original-src="https://mma.prnewswire.com/media/2842945/Dogwood_State_Bank_Logo.jpg"/></p>
<p>The parties expect the merger to close early in the first quarter of 2026 subject to satisfaction of customary closing conditions, including the receipt of all required regulatory approvals.</p>
<div class="lb-trans"><p>各方预计合并将在 2026 年第一季度初完成，前提是满足所有惯常的成交条件，包括获得所有必要的监管批准。</p>
</div><p>Steve Jones, CEO of Dogwood, stated, &#34;We are pleased that our shareholders have approved the proposed merger into TowneBank. This approval marks a significant milestone, and we look forward to completing the merger and moving forward together.&#34;</p>
<div class="lb-trans"><p>Dogwood 的首席执行官 Steve Jones 表示：&#34;我们很高兴我们的股东批准了将 Dogwood 合并入 TowneBank 的提议。这一批准标志着一个重要的里程碑，我们期待完成合并并共同向前发展。&#34;</p>
</div><p><strong>About Dogwood State Bank</strong></p>
<div class="lb-trans"><p><strong>关于 Dogwood State Bank</strong></p>
</div><p>Dogwood State Bank is a state-chartered community bank headquartered in Raleigh, North Carolina, with approximately $2.4 billion in total assets. Dogwood provides a wide range of banking products and services through its online offerings and branch offices in North Carolina, South Carolina, and Eastern Tennessee. Dogwood also specializes in providing lending services to small businesses through its Dogwood State Bank Small Business Lending division. Dogwood is focused on becoming the bank for businesses, business owners, professionals, and their employees. and redefining what it means to Bank Local.</p>
<div class="lb-trans"><p>Dogwood State Bank 是一家州特许的社区银行，总部位于北卡罗来纳州罗利，拥有约 24 亿美元的总资产。Dogwood 通过其在线服务和在北卡罗来纳州、南卡罗来纳州和东田纳西州的分支机构提供广泛的银行产品和服务。Dogwood 还专注于通过其 Dogwood State Bank 小企业贷款部门为小企业提供贷款服务。Dogwood 致力于成为企业、企业主、专业人士及其员工的银行，并重新定义本地银行的意义。</p>
</div><p><strong>Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性声明</strong></p>
</div><p>Statements made in this press release, other than those concerning historical financial information and facts, may be considered forward-looking statements, which speak only as of the date of this press release and are based on current expectations and involve a number of assumptions. Forward-looking statements can be identified by words such as &#34;anticipate,&#34; &#34;intend,&#34; &#34;plan,&#34; &#34;goal,&#34; &#34;seek,&#34; &#34;believe,&#34; &#34;project,&#34; &#34;estimate,&#34; &#34;expect,&#34; &#34;strategy,&#34; &#34;future,&#34; &#34;likely,&#34; &#34;may,&#34; &#34;should,&#34; &#34;will&#34; and similar references to future periods. Our ability to predict results, or the actual effect of our future plans or strategies, is inherently uncertain and subject to a number of risks. Factors that could have a material effect on the Bank's operations and future prospects include but are not limited to: the merger of the Bank with and into TowneBank (the &#34;merger&#34;) may not be consummated in a timely manner or at all; the regulatory approvals required for the merger may not be obtained; the combination of the businesses of the Bank and TowneBank may take longer, be more difficult, time-consuming or costly to accomplish than expected; the expected growth opportunities or cost savings from the merger may not be fully realized or may take longer to realize than expected; deposit attrition, operating costs, customer losses and business disruption following the merger, including adverse effects on relationships with employees and customers, may be greater than expected; changes in interest rates, and general economic and business conditions; legislative/regulatory changes; the monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System; the quality and composition of the Bank's loan and securities portfolios; demand for loan products and other financial services in our market areas; inflation; deposit flows; competition; our implementation of new technologies and ability to develop and maintain secure and reliable electronic systems; changes in the securities markets; and changes in accounting principles, policies and guidelines. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise.</p>
<div class="lb-trans"><p>本新闻稿中所作的声明，除涉及历史财务信息和事实外，均可视为前瞻性声明，仅在本新闻稿日期时有效，并基于当前预期，涉及多项假设。前瞻性声明可以通过诸如&#34;预期&#34;、&#34;打算&#34;、&#34;计划&#34;、&#34;目标&#34;、&#34;寻求&#34;、&#34;相信&#34;、&#34;项目&#34;、&#34;估计&#34;、&#34;期望&#34;、&#34;战略&#34;、&#34;未来&#34;、&#34;可能&#34;、&#34;可以&#34;、&#34;应该&#34;、&#34;将&#34;及类似的未来时期参考词汇来识别。我们预测结果的能力，或我们未来计划或战略的实际效果，固有地是不确定的，并且受到多种风险的影响。可能对银行的运营和未来前景产生重大影响的因素包括但不限于：银行与 TowneBank 的合并（&#34;合并&#34;）可能无法及时或根本无法完成；合并所需的监管批准可能无法获得；银行与 TowneBank 的业务结合可能比预期的更耗时、更困难、耗费更多成本；合并所带来的预期增长机会或成本节约可能无法完全实现，或实现的时间可能比预期更长；合并后存款流失、运营成本、客户流失和业务中断，包括对员工和客户关系的不利影响，可能比预期更大；利率变化以及一般经济和商业条件；立法/监管变化；美国政府的货币和财政政策，包括美国财政部和美联储理事会的政策；银行贷款和证券投资组合的质量和构成；我们市场区域内贷款产品和其他金融服务的需求；通货膨胀；存款流动；竞争；我们实施新技术的能力以及开发和维护安全可靠的电子系统的能力；证券市场的变化；以及会计原则、政策和指导方针的变化。这些风险和不确定性应在评估前瞻性声明时予以考虑，不应对这些声明过度依赖。我们没有义务更新或澄清这些前瞻性声明，无论是由于新信息、未来事件还是其他原因。</p>
</div><p>SOURCE Dogwood State Bank</p>
<div class="lb-trans"><p>来源：Dogwood State Bank</p>
</div>

Dogwood State Bank 股东批准合并入 TowneBank | TOWN 股票新闻