Wednesday, July 16, 2003

Stock split at Bank of Georgia

The Board of Directors of Georgia Bancshares, Inc. has declared a 25 percent stock split payable on or about Aug. 20, to shareholders of record as of July 25.

"This split will increase our number of outstanding shares, which will help us to eventually increase the market of our common stock," said bank President Pat Shepherd.

The bank also plans to open its new Tyrone Branch office in August.

Georgia Bancshares, Inc. is the holding company for The Bank of Georgia, a community banking operation currently operating offices in Coweta and Fayette counties.

Back to Business Home Page Back to the top of the page