Denver, CO – January 22, 2020 – InBankshares, Corp (OTCQX: INBC), the holding company for InBank, an independent commercial bank serving the Denver Metro Area, southern Colorado and northern New Mexico, announces that the company will begin trading today on the OTCQX® Best Market, under the symbol “INBC.”
“This is an exciting opportunity for our shareholders and associates. OTCQX has provided us with the right platform at the right time to provide liquidity in our stock and enable investors to be a part of our continued growth,” says Ed Francis, Chairman of the Board, President and Chief Executive Officer for InBankshares, Corp and InBank. “We are a well-capitalized commercial bank led by a team of deeply experienced commercial banking executives. We believe we are uniquely positioned to fill a void left by the recent bank consolidations in Denver. We are on course to become the premier business bank in the Denver Metro Area allowing us to build significant value in the marketplace for clients and investors.”
InBank added a Loan Production Office (LPO) in the North Denver Metro Area on January 7 and a location in the Denver Tech Center last quarter to support the company’s growing team of commercial bankers with more expansion planned.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for InBankshares, Corp on www.otcmarkets.com and under the symbol INBC.
Raymond James & Associates Inc. acted as the company’s OTCQX sponsor.
About InBankshares, Corp
InBankshares, Corp is the holding company for InBank, an independent commercial bank serving the Denver Metro Area, southern Colorado and northern New Mexico. Established as International Bank in 1918, the bank was founded by a young Italian immigrant and built upon the entrepreneurial spirit. With a modern vision for the next 100 years, InBank is committed to delivering a new generation of personalized banking services and to the mission of positively impacting the lives of our customers, communities and associates. For more information, visit www.InBank.com.
This press release contains, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements preceded by, followed by, or that include the words “may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “projects,” “outlook” or similar expressions. These statements are based upon the current belief and expectations of InBankshares’ management team and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond InBankshares’ control). Although InBankshares believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, InBankshares can give no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by InBankshares or any person that the future events, plans, or expectations contemplated by InBankshares will be achieved.
All subsequent written and oral forward-looking statements attributable to InBankshares or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. InBankshares does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law. ### InBank is a Member FDIC and Equal Housing Lender.