Press Release

FOR IMMEDIATE
RELEASE: 07/15/08

 

Contact: John E. Tranter, Vice-Chairman & CEO

772-426-8150 or jtranter@gsbb.com

 

GULFSTREAM BANCSHARES, INC. ANNOUNCES SECOND QUARTER EARNINGS OF $1,338,000 AND TOTAL ASSETS OF $569,559,000

Gulfstream Bancshares, Inc., a Stuart based Business Bank, today announced earnings for the second quarter 2008 of $1,338,000 and total assets of $569,559,000. Gulfstream ended the second quarter with over $569 million in assets, $449 million in deposits and $438 million in loan outstandings.

Gulfstream Business Bank, founded in 1999, is a locally owned and managed community bank. The bank specializes in Business and Professional Banking, including commercial credit and deposit products, residential lending, a full line of retail and corporate cash management products and private banking services. For more information, call (772) 426-8100 in Martin County, (772) 408-5940 in St. Lucie County, (561) 354-4200 in North Palm Beach County or (561) 665-4200 in South Palm Beach County, or visit the bank's website at www.gsbb.com.