EX-99 3 ex99.txt PRESS RELEASE - 2ND QUARTER DIVIDEND IBT BANCORP, INC. NEWS RELEASE APRIL 16, 2003 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, Pennsylvania 15642 Phone: 724-978-2705 Email: sfyock@irwinbank.com -------------------- IBT BANCORP, INC. ANNOUNCES 2nd QUARTER CASH DIVIDEND DECLARED APRIL 15, 2003 IRWIN, PENNSYLVANIA: The Board of Directors of IBT Bancorp, Inc. (AMEX: IRW) declared a cash dividend of $.35 per share on April 15, 2003. The dividend will be paid on Wednesday, May 7, 2003 to stockholders of record on April 25, 2003. This dividend represents a yield of 2.95% based upon a stock price of $47.50 at the close of business on April 15, 2003. 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, five branch offices, a loan center, and a trust office, as well as through five supermarket branches under the name "Irwin Bank Extra" located in the Pennsylvania counties of Westmoreland and Allegheny. The Bank's website is 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.