IRWIN, Pa., April 18 /PRNewswire-FirstCall/ -- The Board of Directors of IBT Bancorp, Inc. (AMEX:IRW) declared a cash dividend of $.25 per share on April 17, 2007. The dividend will be paid on May 9, 2007 to stockholders of record on April 27, 2007. This dividend represents an annual yield of 5.00% based upon a stock price of $20.00 at the close of business on April 17, 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 subsidiary, Irwin. The bank operates through its main office, six branch offices, two loan centers, and a trust office, as well as through three supermarket branches located in the Pennsylvania counties of Westmoreland and Allegheny. The Bank's website is http://www.myirwinbank.com/.
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 Co., +1-724-978-2705 Web site: http://www.myirwinbank.com/
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