<p>/PRNewswire/ -- Dogwood State Bank (OTCQX: DSBX)（&#34;Dogwood&#34;或&#34;銀行&#34;）的股東在 2025 年 12 月 3 日的特別股東會議上批准了之前宣佈的將 Dogwood 合併入 TowneBank (NASDAQ: TOWN) 的計劃。</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>各方預計合併將在 2026 年第一季度初完成，前提是滿足所有慣常的成交條件，包括獲得所有必要的監管批准。</p>
<p>Dogwood 的首席執行官 Steve Jones 表示：&#34;我們很高興我們的股東批准了將 Dogwood 合併入 TowneBank 的提議。這一批准標誌着一個重要的里程碑，我們期待完成合並並共同向前發展。&#34;</p>
<p><strong>關於 Dogwood State Bank</strong></p>
<p>Dogwood State Bank 是一家州特許的社區銀行，總部位於北卡羅來納州羅利，擁有約 24 億美元的總資產。Dogwood 通過其在線服務和在北卡羅來納州、南卡羅來納州和東田納西州的分支機構提供廣泛的銀行產品和服務。Dogwood 還專注於通過其 Dogwood State Bank 小企業貸款部門為小企業提供貸款服務。Dogwood 致力於成為企業、企業主、專業人士及其員工的銀行，並重新定義本地銀行的意義。</p>
<p><strong>前瞻性聲明</strong></p>
<p>本新聞稿中所作的聲明，除涉及歷史財務信息和事實外，均可視為前瞻性聲明，僅在本新聞稿日期時有效，並基於當前預期，涉及多項假設。前瞻性聲明可以通過諸如&#34;預期&#34;、&#34;打算&#34;、&#34;計劃&#34;、&#34;目標&#34;、&#34;尋求&#34;、&#34;相信&#34;、&#34;項目&#34;、&#34;估計&#34;、&#34;期望&#34;、&#34;戰略&#34;、&#34;未來&#34;、&#34;可能&#34;、&#34;可以&#34;、&#34;應該&#34;、&#34;將&#34;及類似的未來時期參考詞彙來識別。我們預測結果的能力，或我們未來計劃或戰略的實際效果，固有地是不確定的，並且受到多種風險的影響。可能對銀行的運營和未來前景產生重大影響的因素包括但不限於：銀行與 TowneBank 的合併（&#34;合併&#34;）可能無法及時或根本無法完成；合併所需的監管批准可能無法獲得；銀行與 TowneBank 的業務結合可能比預期的更耗時、更困難、耗費更多成本；合併所帶來的預期增長機會或成本節約可能無法完全實現，或實現的時間可能比預期更長；合併後存款流失、運營成本、客户流失和業務中斷，包括對員工和客户關係的不利影響，可能比預期更大；利率變化以及一般經濟和商業條件；立法/監管變化；美國政府的貨幣和財政政策，包括美國財政部和美聯儲理事會的政策；銀行貸款和證券投資組合的質量和構成；我們市場區域內貸款產品和其他金融服務的需求；通貨膨脹；存款流動；競爭；我們實施新技術的能力以及開發和維護安全可靠的電子系統的能力；證券市場的變化；以及會計原則、政策和指導方針的變化。這些風險和不確定性應在評估前瞻性聲明時予以考慮，不應對這些聲明過度依賴。我們沒有義務更新或澄清這些前瞻性聲明，無論是由於新信息、未來事件還是其他原因。</p>
<p>來源：Dogwood State Bank</p>

Towne銀行

<p>Dogwood State Bank 的股東已批准與 TowneBank 的合併，預計將在 2026 年初完成，待監管機構批准。Dogwood 是一家擁有 24 億美元資產的社區銀行，專注於小企業貸款。此次合併旨在增強增長機會和成本節約，但面臨潛在風險，如監管障礙和整合挑戰。首席執行官 Steve Jones 對合並的批准和未來前景表示樂觀</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;銀行&#34;）的股東在 2025 年 12 月 3 日的特別股東會議上批准了之前宣佈的將 Dogwood 合併入 TowneBank (NASDAQ: TOWN) 的計劃。</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>各方預計合併將在 2026 年第一季度初完成，前提是滿足所有慣常的成交條件，包括獲得所有必要的監管批准。</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 的首席執行官 Steve Jones 表示：&#34;我們很高興我們的股東批准了將 Dogwood 合併入 TowneBank 的提議。這一批准標誌着一個重要的里程碑，我們期待完成合並並共同向前發展。&#34;</p>
</div><p><strong>About Dogwood State Bank</strong></p>
<div class="lb-trans"><p><strong>關於 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 是一家州特許的社區銀行，總部位於北卡羅來納州羅利，擁有約 24 億美元的總資產。Dogwood 通過其在線服務和在北卡羅來納州、南卡羅來納州和東田納西州的分支機構提供廣泛的銀行產品和服務。Dogwood 還專注於通過其 Dogwood State Bank 小企業貸款部門為小企業提供貸款服務。Dogwood 致力於成為企業、企業主、專業人士及其員工的銀行，並重新定義本地銀行的意義。</p>
</div><p><strong>Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性聲明</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>本新聞稿中所作的聲明，除涉及歷史財務信息和事實外，均可視為前瞻性聲明，僅在本新聞稿日期時有效，並基於當前預期，涉及多項假設。前瞻性聲明可以通過諸如&#34;預期&#34;、&#34;打算&#34;、&#34;計劃&#34;、&#34;目標&#34;、&#34;尋求&#34;、&#34;相信&#34;、&#34;項目&#34;、&#34;估計&#34;、&#34;期望&#34;、&#34;戰略&#34;、&#34;未來&#34;、&#34;可能&#34;、&#34;可以&#34;、&#34;應該&#34;、&#34;將&#34;及類似的未來時期參考詞彙來識別。我們預測結果的能力，或我們未來計劃或戰略的實際效果，固有地是不確定的，並且受到多種風險的影響。可能對銀行的運營和未來前景產生重大影響的因素包括但不限於：銀行與 TowneBank 的合併（&#34;合併&#34;）可能無法及時或根本無法完成；合併所需的監管批准可能無法獲得；銀行與 TowneBank 的業務結合可能比預期的更耗時、更困難、耗費更多成本；合併所帶來的預期增長機會或成本節約可能無法完全實現，或實現的時間可能比預期更長；合併後存款流失、運營成本、客户流失和業務中斷，包括對員工和客户關係的不利影響，可能比預期更大；利率變化以及一般經濟和商業條件；立法/監管變化；美國政府的貨幣和財政政策，包括美國財政部和美聯儲理事會的政策；銀行貸款和證券投資組合的質量和構成；我們市場區域內貸款產品和其他金融服務的需求；通貨膨脹；存款流動；競爭；我們實施新技術的能力以及開發和維護安全可靠的電子系統的能力；證券市場的變化；以及會計原則、政策和指導方針的變化。這些風險和不確定性應在評估前瞻性聲明時予以考慮，不應對這些聲明過度依賴。我們沒有義務更新或澄清這些前瞻性聲明，無論是由於新信息、未來事件還是其他原因。</p>
</div><p>SOURCE Dogwood State Bank</p>
<div class="lb-trans"><p>來源：Dogwood State Bank</p>
</div>

Dogwood State Bank 股東批准合併入 TowneBank | TOWN 股票新聞