SANTA ROSA, Calif.--(BUSINESS WIRE)--Exchange Bank (OTC: EXSR) today announced that its Board of Directors has authorized a new common stock repurchase program. Under the new program, the Bank may purchase up to $8.7 million of its outstanding shares of common stock through June 30, 2027, as market and other conditions warrant. The shares may be repurchased in the open market or in privately negotiated transactions, at prices that the Bank deems appropriate and subject to market conditions, app.