Lighthouse Bank
Dear Lighthouse Bank Owner,
Great news! On behalf of the Board of Directors of Lighthouse Bank, we are pleased to have declared a one-time 5% stock dividend, whereby shareholders of record at the close of business on February 22, 2013 will receive one additional share of common stock for every twenty shares of common stock owned on that date. 
Dividend shares will be distributed on March 8, 2013 to owners of record as of February 22, 2013.  If your stock is held in street name, the additional shares will be credited to your account.  Registered holders will receive the additional stock certificate(s) via the US Postal Service.  For those receiving physical stock certificates, please remember these are negotiable documents and should be stored securely.  Important note for Registered Holders: If you have not received your stock certificates within 30 days of the distribution date, please notify the Bank's transfer agent, Registrar & Transfer Company at 800-368-5948. 
We thank you for your investment in Lighthouse Bank and look forward to providing returns that you as owners deserve!
The Press Release announcement of the stock dividend is included below for your reference.

Second Stock Dividend Issued by the Bank Since 2011


Santa Cruz, Calif., February 8, 2013 - Lighthouse Bank (OTC Bulletin Board: LGHT) Santa Cruz County's locally owned community bank aannounced today that it has declared a 5% stock dividend on the Bank's common shares outstanding. This represents the second stock dividend issued by the five-year-old bank, following a 10% stock dividend granted in 2011.  According to Wedbush Securities, Lighthouse Bank's 2011 stock dividend was the first to be granted by a Northern or Central California Bank since the onset of the financial crisis in 2008.


The Stock Dividend was approved by the Bank's Board of Directors in light of the company's strong financial performance. Lighthouse Bank's net profit after tax for the year ended 12-31-12 exceeded $1.8 million and represented a 9.3% return on average equity. Dividend shares will be distributed on March 8, 2013 to owners of record as of February 22, 2013. The dividend will be issued in the form of additional shares of stock. Any fractional shares will be paid in cash based on the fair market value of the stock on the record date.


Lighthouse bank has grown consistently since opening in October 2007, has operated profitability for the past fourteen quarters and has posted record earnings for each of the last twelve consecutive quarters. The Bank's stellar financial performance continues to garner industry accolades. The Bank is rated by Bauer Financial as 5-Star "Superior", the top ranking given by the independent bank rating firm. FMC Consulting Group named the Bank as among the top 15 (of 230) state chartered Banks in California. The Findley Reports named Lighthouse Bank a "Super Premier" performing bank, the highest ranking given by the well-known banking publication. The Bank has no financial relationship with any of these rating agencies.                    




Lighthouse Bank is a locally owned and operated full-service commercial bank located in Santa Cruz, CA. The Bank offers a full array of banking products and services to businesses, professionals, individuals, developers and commercial property owners. The Bank is dedicated to providing exceptional personalized service and access to decision makers who are always close at hand.  The Bank offers a unique worldwide ATM fee rebate program and complimentary business courier service which expands the geographical reach of its banking office location throughout Santa Cruz County. Lighthouse Bank is committed to operating an open, ethical and financially successful company without engaging in the corporate excesses that have come to characterize the financial services industry.  All decisions are intended to contribute to the long-term success of its clients, employees, owners and the community it serves. Lighthouse Bank received no TARP funds and has neither accepted nor requested government assistance of any kind. Lighthouse Bank has never been subject to either formal or informal regulatory action.  


Lighthouse Bank is located at 111 Mission Street in Downtown Santa Cruz, CA. Lighthouse Bank's common stock is listed on the Over-the-Counter (OTC) Bulletin Board under the stock symbol LGHT.  More Information on the Bank may be obtained through its website or by calling 831-600-4000.



Richard Hofstetter, President & CEO, 831-600-4008


The attached release may contain forward-looking statements that are subject to risks and uncertainties.  Such risks and uncertainties may include but are not necessarily limited to fluctuation in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, including the real estate market in California and other factors beyond the Bank's control.  Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated.  Readers should not place undue reliance on the forward-looking statements, which reflect management's view only as of the date hereof.  The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. 


Find us on Facebook     


SBA Preferred Lender Member FDIC   Equal Housing Lender TLF Logo

Join Our Mailing List