Press Release


Dear Shareholders and Friends:

“The numbers speak for themselves. Integrity Bank continues to be Pennsylvania’s most successful new banking franchise!!!”

At the end of the first ten full quarters of operation, Integrity Bank has the highest assets, deposits, loans, operating income and cumulative retained earnings of any new bank ever formed in Pennsylvania.

Integrity Bank’s assets reached $203 million on December 31, 2005, an outstanding 59% growth from December 31, 2004. During this year we opened new branches in York and New Cumberland and saw our total deposits soar 63%, an increase of $70 million to $181 million.

Loans also continued their rapid climb with total loans outstanding growing 67% during 2005, from $100 million to $167 million. To put this in perspective, since 1998 the average Pennsylvania De Novo Bank, after three full years of operations, has total loans outstanding of $67 million. Integrity Bank’s loans grew by that amount ($67 million) during the last 12 months only.

This dynamic growth has propelled Integrity Bank’s earnings to be in excess of $1 million ($1,144,000) for 2005. I am proud to report this level of income after absorbing the expenses for two new branches, paying $87,000 in federal income taxes, and increasing the bank’s total capital by allocating another $925,000 to loan loss reserve. The bank’s ability to attain profitability in April 2004 after only ten full months of operations, combined with the strong 2005 earnings of $1,144,000, resulted in the elimination of our accumulated deficit.

In November of 2005, Integrity Bank was the first bank to introduce Express Banker into the Central Pennsylvania business market. This product allows a customer to scan checks and transmit the images electronically to the bank for processing as late as 7:00 pm and receive next day availability, without ever leaving their office. Express Banker allows our customers to increase productivity, save on personnel expenses, process items for deposit more rapidly and receive information regarding returned deposit items much faster. The excellent acceptance of this product will allow us to build core deposits while improving efficiency and income for our customers.

This performance has not gone unnoticed. Integrity Bank’s most recent trades of stock have been at $16.75 per share, a 67.50% cumulative return for our original offering shares of $10.00 just 31 months ago. Also, in November, Integrity Bank and our revolutionary three-step drive thru was the featured article in the national publication, “American Banker”.

We anticipate 2006 being another banner year for Integrity Bank as we increase our footprint and brand in Central Pennsylvania. We plan to open two branches at premier locations in Dauphin County and believe this expansion will synergize the company as we grow our Central Pennsylvania market.

I again thank the directors, staff, shareholders and friends who have been partners in this success story. Please keep supporting us with your business and your referrals.



James T. Gibson


Press Releases

August edition of the ABA Banking Journal

ABA Article (PDF)....(8/3/12)

Third Quarter Report (PDF)....(10/28/11)

Second Quarter Report (PDF)....(7/27/11)

Integrity Bank Dividend....(5/24/11)

Integrity Bank Earning Release....(5/23/11)

First Quarter Report (PDF)....(5/18/11)

Letter From The President (PDF)....(5/18/11)

Integrity Bank reports 11% increase in earnings....(7/19/10)

Integrity Bank Reports Record Earnings for 2009....(12/31/09)

Letter to Shareholders...3rd Quarter 2009....(10/14/09)

Integrity Bank Announces Expansion into Lancaster....(9/23/09)

Integrity Bancshares, Inc. Holds Investor Meeting....(9/23/09)

Integrity Bancshares reports 21% increase in profits....(6/30/09)

Integrity Bancshares, Inc. Reports 35% Growth in Assets....(4/7/09)

Integrity Bank declares 5% Stock Dividend....(3/3/09)

Letter to Shareholders ...4th Quarter 2008....(2/10/09)

Letter to Shareholders ...3rd Quarter 2008....(11/7/08)

Letter to Shareholders ...2nd Quarter 2008....(7/21/08)

Letter to Shareholders ...1st Quarter 2008....(5/12/08)

Letter to Shareholders ...Integrity Bank is one great company....(2/19/08)

Integrity Bank Earnings Up 25%....(12/31/07)

Letter to Shareholders ...3rd Quarter 2007....(10/22/07)

Letter to Shareholders ...1st Quarter 2007....(5/11/07)

Integrity Bank Earnings Up 25%....(12/31/06)

Letter to Shareholders....What an amazing first nine months of 2006....(11/8/06)

Letter to Shareholders and Friends of Integrity Bank from Jim Gibson....(7/25/06)

Integrity Bank Reports 22% Rise in Income.....(3/31/06)

The numbers speak for themselves...(1/23/06)

Integrity Bank……What a success story! The performance records for ...(10/11/05)

Letter to Shareholders and Friends of Integrity Bank from Jim Gibson...(7/12/05)

Letter to Shareholders...What a great year!..(3/22/05)

Integrity Bank Reports the Continuation of Unprecedented Growth... (1/15/04)

Integrity Bank Announces Unprece- dented Growth at End of 1st Q (10/28/03)

Integrity Bank Announces “More. Faster. Better.” Banking (6/2/03)

Integrity Bank Introduces “Faster” Drive-Thru Banking (6/2/03)

The Launch of Integrity Bank (6/7/03)