Integrity Bank Earnings Up 25%
Integrity Bank reported a 25% growth in earnings for fourth quarter 2006. Income grew to $369,000 for the quarter compared to $295,000 for the quarter ended December 31, 2005. For the year ended December 31 earnings grew 23% from $1,144,000 in 2005 to $1,404,000 for 2006.
For 2006, assets increased 37% to $277 million, up from $203 million on December 31, 2005 and loans grew to $224 million, up 34% from $167 million. Total deposits grew to $251 million, up from $181 million at December 31, 2005, a 39% increase.
James T. Gibson, President/CEO of Integrity Bank stated, “We are thrilled to report this level of growth and income after opening three branches in 2006 and becoming fully taxable. This performance confirms that Central Pennsylvania wants outstanding service, convenience, and great rates.”
Integrity Bank has offices located in Cumberland, Dauphin and York counties.
Jim Gibson, CEO/President Integrity Bank 717-920-3681
Laurel Leitzel, CFO 717-920-3690