Wednesday, October 30, 2002

Bank of Georgia stock splits

It's a good time to be a stockholder in the Bank of Georgia.The Board of Directors of Georgia Bancshares, Inc declared a 25% (5 for 4) stock split payable earlier this month to shareholders of record on September 25, 2002.

In announcing the event, Pat Shepherd stated. "This stock split will increase our number of out standing shares, which will help us to eventually increase the market for our common stock." Georgia Bancshares, Inc. (GABA) is the holding company for The Bank of Georgia, a community banking operation currently operating offices in Coweta and Fayette counties.

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