EX-99 4 ex99-1.txt PRESS RELEASE - 2003 ANNUAL MEETING April 16, 2003 NEWS RELEASE F O R I M M E D I A T E R E L E A S E FOR FURTHER INFORMATION CONTACT: Sheli L. Fyock Asst. Vice President-Marketing % Irwin Bank & Trust Company 309 Main Street Irwin, PA 15642 Phone: 724-978-2705 Email: sfyock@irwinbank.com -------------------- IBT BANCORP, INC. CONDUCTS 2003 ANNUAL MEETING OF STOCKHOLDERS Irwin, Pennsylvania - IBT Bancorp, Inc. (the "Company"), the holding company of Irwin Bank & Trust Company, Irwin, Pennsylvania (the "Bank"), announced that its 2003 Annual Meeting of Stockholders was held on April 15, 2003. At the meeting, Thomas Beter was elected as a director for a one-year term and Richard J. Hoffman and Edwin A. Paulone were elected as directors, each for a three-year term. Stockholders also ratified the appointment of Edwards, Sauer & Owens as independent accountants for the Company for the fiscal year ending December 31, 2003. The Company's stock is traded on AMEX under the symbol "IRW." The Bank is a community oriented bank which offers a variety of savings deposit and other products to its retail customers. The Bank offers a wide range of real estate, consumer and commercial loans. The Bank's website is www.myirwinbank.com. As of ------------------- December 31, 2002, the Company had total assets, deposits and stockholders' equity of $584 million, $527.9 million and $56.2 million, respectively. 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.