At Tuesday’s annual shareholder meeting at the bank’s Meredyth Drive Main Office, the Board of Directors of AB&T’s parent company, Community Capital Bancshares, Inc., announced payment of a 75-cent dividend for each share of common stock held, following the bank’s strong 2023 performance. 

“A 75-cent share dividend paid to shareholders reflects the core strength of our underlying relationship banking approach - prudent balance sheet administration, maximizing income, disciplined expense management, and an ethic of entrepreneurship,” said AB&T CEO Perry Revell. “In line with our organizational competencies and consistent with our objectives, we’ll continue to seek targeted opportunities to accelerate the Bank’s growth.” 

“AB&T's success is a shared success, and we are once again honored that we're able to meet our charge to our clients and our community while continuing to drive shareholder return. We’re grateful to share this success with our shareholders.” 

The dividend will be paid on July 8, 2024, to all shareholders of record as of May 31, 2024.