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Company Description
Iron and Glass Bancorp, Inc.
The Company's subsidiary, Iron and Glass Bank, is a full-service commercial bank established in 1871. Currently operates eight banking offices in the Southern and Western Suburban areas of Pittsburgh, Pennsylvania. The bank boasts thirty-seven years of increasing dividends.
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Stock Price As Of 05/23/2008
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Symbol IRGB
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Bid
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Ask
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72.40
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73.39
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9 Months Ending
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09/30/2007
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12/31/2006
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12/31/2005
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Per Share Information
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Earnings Per Share
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2.31
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3.37
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3.37
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Dividend Per Share
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0.88
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1.13
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1.05
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Annual Financial Data
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Operation Results
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Net Interest Income
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7,677,490
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10,788,257
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11,336,764
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Loan Loss Provision
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160,000
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325,000
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535,000
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Non-Interest Income
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1,197,153
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1,689,501
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1,413,621
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Non-Interest Expense
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5,129,285
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7,002,186
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6,958,752
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Net Income
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2,580,044
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3,758,671
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3,746,655
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Balance Sheet
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Loans, Net
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167,889,579
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164,112,844
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164,100,589
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Total Assets
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300,364,079
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301,619,395
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293,114,655
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Deposits
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244,381,163
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253,103,114
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239,269,176
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Stockholders' Equity
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37,983,034
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36,389,403
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33,534,633
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Other Information
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Transfer Agent
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Company Office, Pittsburgh, PA
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Auditor
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S.R. Snodgrass, A.C.
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Market Makers
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Ryan, Beck & Company
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(800) 325-7926
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Ferris, Baker Watts, Inc.
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(877) 282-1941
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Parker Hunter
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(800) 441-1514
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F. Morrissey
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(215) 563-8500
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Iron and Glass Bancorp, Inc.
Board of Directors
Daniel A. Goetz
Chairman of the Board
Chairman Emeritus - Founder, Stylette, Inc.
D.W. Swager, II
Vice Chairman
President, B.M. Kramer & Co., Inc.
Thomas M. Colella
President, Brian Homes, Inc.
Karen Joyce
Executive Vice President,
Iron and Glass Bank
Paul F. Fagan
Co-Founder, Executive V.P. and
General Counsel, Three Rivers
Pharmaceuticals, L.L.C.
Of-Counsel, Meyer,Unkovic & Scott, L.L.P.
Michael J. Hagan
President and C.E.O.
Iron and Glass Bank
Richard L. Anderson
Chairman
Anderson Equipment Co.
Joanne Marie Andiorio, Dr. P.H.
Executive V.P. and C.O.O.,
Vincentian Collaborative System
William M. Densmore
Former Senior Vice President,
Integra Corporation
Gregory M. Melvin, CFA, CFP
President and Chief Investment Officer,
Dartmouth Capital Advisors, Inc.
Executive Vice President and Chief
Investment Officer, C.S. McKee
Edward V. Randall, Jr.
Former President and C.E.O.,
PNC Bank, Pittsburgh
Member Federal Reserve System
Federal Deposit Insurance Corporation
Auditors
S.R. Snodgrass, A.C.
Certified Public Accountants
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