IRWIN, Pa., Jan. 17 /PRNewswire-FirstCall/ -- The Board of Directors of IBT Bancorp, Inc. (AMEX:IRW) declared a cash dividend of $.25 per share on January 16, 2007. The dividend will be paid on Wednesday, February 7, 2007 to stockholders of record on January 26, 2007. This dividend represents an annualized yield of 4.57% based upon a stock price of $21.90 at the close of business on January 16, 2007.
IBT Bancorp, Inc. is a Pennsylvania corporation headquartered in Irwin, Pennsylvania, which provides a full range of commercial and retail banking services through its wholly owned banking subsidiary, Irwin Bank & Trust Company. The bank operates through its main office, six branch offices, two loan centers, and a trust office, as well as through three supermarket branches under the name "Irwin Bank Extra" located in the Pennsylvania counties of Westmoreland and Allegheny. The Bank's website is http://www.myirwinbank.com/.
The Company's common stock is traded on the American Stock Exchange under the symbol "IRW".
Statements contained in this news release which are not historical facts are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time. DATASOURCE: IBT Bancorp, Inc.
CONTACT: Sheli L. Fyock, Assistant Vice President-Marketing of Irwin Bank & Trust Company, +1-724-978-2705, or Web site: http://www.myirwinbank.com/
|