Integrity Bancshares, Inc. declares 5% Stock Dividend
The Board of Directors of Integrity Bancshares, Inc., the parent company of Integrity Bank declared a 5% stock dividend that will be paid on the Bank’s 8th anniversary – June 3, 2011, to shareholders of record on May 18, 2011. James T. Gibson, President/CEO of Integrity Bank stated, “Integrity Bank had a good year in 2010 and opened two branches in October. The Bank is positioned for phenomenal growth in 2011.”
Integrity Bancshares, Inc. reported 117% increase in net income to $1.2 million for the first quarter 2011 compared to income of $530,000 for the first quarter of 2010. Total assets and loans grew 13% for the quarter ending March 31, 2011. Assets increased to $550 million at March 31, 2011 as compared to $488 million for March 2010.
Integrity Bank has offices located in Cumberland, Dauphin, York and Lancaster Counties.
Jim Gibson, President/CEO
Laurel Leitzel, CFO