PSB (PSBX) 8-K Amendments to Articles of Incorporation or Bylaws

EXHIBIT 3

TEXT OF AMENDMENT TO BYLAWS

Section 2.  Number and Term.  The board of directors shall consist of eight (8) members and shall be divided into three classes as nearly equal in number as possible.  The members of each class shall be elected for a term of three years and until their successors are elected and qualified.  One class shall be elected by ballot annually.