The board of directors of Pioneer Bankshares Inc. declared a fourth quarter dividend at its December 11, 2014 meeting. The dividend payment declared will be paid at $0.17 per share for shareholders of record as of December 22, 2014 and will be payable on December 31, 2014. This dividend remains the same as the prior quarter and brings the total payout year-to-date to $0.68 per share.

This represents a 1.50% increase over the prior year.