PLANO, Texas, July 5, 2011 (GLOBE NEWSWIRE) -- SP Bancorp, Inc. (Nasdaq:SPBC) (the "Company"), the holding company for SharePlus Federal Bank (the "Bank"), today announced that it has been added to the ABA NASDAQ Community Bank Index, the nation's most broadly representative stock index for community banks. The Index includes approximately 430 community banks with more than $132 billion in market capitalization.
"We are honored to be included in the ABA NASDAQ Index," said President and CEO Jeff Weaver. "As a newly traded public company, we are even more enthusiastic about this recognition, as it will bring our bank added visibility and awareness among both Wall Street and Main Street investors."
ABOUT ABA NASDAQ COMMUNITY BANK INDEX
The ABA NASDAQ Community Bank Index is calculated on both a total return and price return basis. The Index is reported daily on the ABA website at www.aba.com and through all financial data services under the ticker symbol "ABAQ." It is also reported daily by the American Banker newspaper and financial services, including Yahoo and Bloomberg.
ABOUT SP BANCORP, INC.
SP Bancorp, Inc. is the holding company for SharePlus Federal Bank, a federally chartered savings bank originally chartered in 1958. The Bank offers a full range of community banking products and services out of its seven branches, four of which are located near the Bank's headquarters in Plano, Texas; two of which are located in Louisville, Kentucky; and one of which is located in Irvine, California. Shares of the common stock of SP Bancorp, Inc. trade on the Nasdaq Capital Market under the ticker symbol "SPBC." The Company maintains a website at www.shareplus.com that includes information on the Company and the Bank, including the Bank's products and services, branch locations and hours, current Company financial information, and links to Company filings with the Securities and Exchange Commission.
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