Integrity Bancshares Reports Record Earnings
Integrity Bancshares reported an increase in earnings of 17% for third quarter 2012. The bank’s third quarter earnings increased to $1,574,000 for 2012 compared to $1,343,000 for third quarter 2011. The return on equity to shareholders for the quarter was 16.55% as compared to 15.82% for the third quarter 2011. The bank’s assets increased from $573 million at September 30, 2011 to $661 million (up 15%) in 2012. Total deposits were up 16% or $83 million from $510 million at Sept 30, 2011 to $593 million in 2012.
James T. Gibson, President and CEO, stated "we are very pleased how all aspects of our franchise are growing in Central Pennsylvania given this difficult economy. Integrity is positioned for additional growth in market share and outstanding performance.” Integrity Bank has branches in Cumberland, Dauphin, York, and Lancaster counties.