Integrity Bancshares, Inc. Reports 117% Growth in Income
Integrity Bancshares, Inc., the parent company of Integrity Bank, reported a 117% increase in net income for the first quarter of 2011 to $1.2 million, compared to income of $530,000 for the first quarter of 2010.
Total assets grew 13% for the quarter ending March 31, 2011 to $550 million at March 31, 2011 as up from $488 million at March 31, 2010.
Loans also grew 13% to $495 million grom $439 million over the same quarter of the prior year. Deposits increased 18% to $487 million from $412 million as of March 31, 2010.
James T. Gibson, President/CEO of Integrity Bank stated, "Achieving these numbers in good economic times would be a monumental achievement. To do this in today's economy is impressive. We are excited about the momentum for an even better future."
Integrity Bank has offices located in Cumberland, Dauphin, York and Lancaster Counties.
Jim Gibson, President/CEO
Laurel Leitzel, CFO