KETCHUM, Idaho, Jan. 20, 2005 (PRIMEZONE) -- Sam Yost, Vice President and Branch Manager, announces that Idaho Independent Bank's (IIB's) (OTCBB:IIBK) newest branch is celebrating its Grand Opening.
IIB's Ketchum Branch is located at 180 First Street West, in the First Street Building. The Grand Opening festivities will begin at 2:00 p.m. on Wednesday, January 26. Refreshments, snacks, and a raffle for prizes will be provided for all who attend. Ketchum's staff of four includes Sam Yost, Vice President and Manager; Jon E. Tomlinson, Vice President and Commercial Lending Officer; Donell O'Donnell, Operations Supervisor; and Ashley Garrison, New Accounts Representative.
"We are excited to celebrate with our customers, our friends, our directors, and our community," said Yost. "Our combination of a high level of service, local decisions, and IIB's extensive experience lending in resort markets is a welcome addition for the business community in the Valley."
The celebration will include a ribbon cutting with the Ketchum/Sun Valley Chamber of Commerce.
About IIB
IIB was established in 1993 as an Idaho state-chartered, commercial bank and currently operates nine branches in Boise (2), Meridian, Coeur d'Alene, Nampa, Mountain Home, Hayden Lake, Caldwell, and Ketchum/Sun Valley, Idaho. IIB has approximately 175 employees throughout the state of Idaho.
IIB's Common Stock is traded on the NASDAQ OTC Bulletin Board under the symbol IIBK. To learn more about IIB, visit them online at www.theidahobank.com.
The Idaho Independent Bank company logo can be found at: http://www.primezone.com/newsroom/prs/?pkgid=1275
Statements contained herein concerning future performance, developments or events, expectations for earnings, growth and market forecasts, and any other guidance for future periods constitute forward-looking statements within the meaning of the Private Securities Reform Act of 1995, and as such, are subject to a number of risks and uncertainties that might cause actual results to differ materially from expectations or our stated objectives. Factors that could cause actual results to differ materially include but are not limited to: changes in regional or general economic conditions; changes in interest rates, deposit flows, demand for loans and mortgages, real estate values, competition or loan delinquency rates; changes in accounting principles, practices, policies or guidelines; changes in legislation or regulations; changes in other economic, competitive, governmental, regulatory and technological factors affecting operations, pricing, products and services; changes in the regulatory environment; changes in monetary policy of the Federal Reserve Bank; changes in fiscal policy of the Federal government; material unforeseen changes in the liquidity, results of operations, or financial condition of the Bank's customers; and other risks detailed from time to time in the Bank's filings with the Federal Deposit Insurance Corporation. Accordingly, these factors should be considered in evaluating forward-looking statements, and undue reliance should not be placed on such statements. The Bank undertakes no responsibility to update or revise any forward-looking statements.