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SNBT Snb Bancshares (Texas) (MM)

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Share Name Share Symbol Market Type
Snb Bancshares (Texas) (MM) NASDAQ:SNBT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Southern National Bank of Texas Announces Opening of Pecan Grove Branch

07/10/2005 12:45am

PR Newswire (US)


Snb Bancshares (NASDAQ:SNBT)
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SUGAR LAND, Texas, Oct. 6 /PRNewswire-FirstCall/ -- SNB Bancshares, Inc. (NASDAQ:SNBT), parent company of Southern National Bank of Texas, is pleased to announce the opening of Southern National Bank's fifth full-service location on September 30th. Southern National Bank's newest branch is located in a retail center at 2035 FM 359, Suite D, Richmond, Texas, 77469. The opening of the Pecan Grove Branch will follow SNB Bancshares, Inc.'s strategy of growing branches around the Houston Metropolitan Area. This Branch will serve as a second location in the strong community of Fort Bend County. Melissa Blair, a Fort Bend County resident, is the Branch's manager. SNB Bancshares, Inc. is a registered bank holding company listed on the Nasdaq National Market under the symbol "SNBT" and headquartered approximately 15 miles southwest of downtown Houston in Sugar Land, Texas. Its wholly-owned subsidiary, Southern National Bank of Texas specializes in business and industrial, construction and land development and commercial mortgage loans to small to medium-sized owner-operated businesses through its three full-service branch locations. Except for historical information contained herein, this press release contains forward-looking statements regarding SNB Bancshares' prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. SNB Bancshares intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and is including this statement for purposes of said safe harbor provisions. The following factors, among others, could cause actual results to differ materially from the expectations stated in any forward-looking statement: a change in general business and economic conditions in the markets the Company serves; changes in the interest rate environment, deposit flows, loan demand, real estate values, and competition; changes in accounting principles, policies or guidelines; changes in legislation and regulation; and other economic, competitive, governmental, regulatory, geopolitical, and technological factors affecting SNB Bancshares' operations, pricing, and services. SNB Bancshares undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made. Please also read the additional risks and factors described from time to time in SNB Bancshares' reports filed with the Securities and Exchange Commission, including SNB Bancshares' prospectus dated August 17, 2004. Contact: Whitney Rowe, Investor Relations & Corporate Secretary 14060 Southwest Freeway, Sugar Land TX 77478 Phone: 281 269 7220 Email: DATASOURCE: SNB Bancshares, Inc. CONTACT: Whitney Rowe, Investor Relations & Corporate Secretary of SNB Bancshares, Inc., +1-281-269-7220, or Web site: http://www.snbtx.com/

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