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Pink Sheets: McIntosh Bancshares Inc. (MITB) news stock charts

McIntosh Bancshares Inc. (MITB/MITB.PK) Penny Investment Summary:

McIntosh Bancshares, Inc. operates as the holding company for McIntosh State Bank, which provides various financial products and services to individual and corporate customers primarily in Georgia. The bank offers checking, savings, individual retirement, and time deposit accounts. It also provides lending services for purposes, such as commercial, industrial, real estate, municipal, and leasehold financing, as well as offers personal secured and unsecured credit. In addition, McIntosh State Bank provides safe deposit boxes, issues automated teller machines (ATMs) and debit cards, conducts wire transfers, and offers Internet banking and cash management services. Further, it provides secondar...
www.mcintoshbancshares.com
125 Employees

MCINTOSH BANCSHARES INC (MITB:OTC)

LAST $2.25 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 4:30 PM 12/8/09 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of MCINTOSH BANCSHARES INC (MITB)

OPEN
--
PREVIOUS CLOSE
$2.25
DAY HIGH
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DAY LOW
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52 WEEK HIGH
03/31/09 - $3.00
52 WEEK LOW
05/19/09 - $2.01
MARKET CAP
--
AVERAGE VOLUME 10 D
0.0
EPS TTM
--
SHARES OUTSTANDING
3.3M
EX-DATE
08/26/08
P/E TTM
--
DIVIDEND
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DIVIDEND YIELD
0.00%
K = Thousands  M = Millions  B = Billions

Key developments for MCINTOSH BANCSHARES INC (MITB)

Mcintosh Bancshares Appoints Darren Cantlay as Secretary and Chief Financial Officer

On January 21, 2010, the board of directors of McIntosh Bancshares Inc. appointed Darren Cantlay to serve as Secretary and Chief Financial Officer of the Company. Mr. Cantlay, age 39, graduated from Valdosta State University in December 1994 with a Bachelor of Business Administration: Accounting. He was previously the Chief Financial Officer and Chief Operating Officer of Bank of Ellijay, Ellijay, Georgia, from November 2005 to September 2009, and the Chief Financial Officer of Appalachian Bancshares, Ellijay, Georgia from January 2003 to November 2005.

Thurman Willis Plans to Retire as President, Chief Operating Officer and Director of McIntosh Bancshares Inc. Effective December 31, 2009

McIntosh Bancshares Inc. announced that Thurman Willis, the President, Chief Operating Officer and a director has notified the company that he plans to retire for health reasons effective December 31, 2009. Pursuant to his notification letter delivered to the company on December 8, 2009, he will resign from all of his positions held with the Company and its subsidiaries effective December 31, 2009.

McIntosh Bancshares Inc. and McIntosh State Bank Announce Management Changes

On August 4, 2009, James P. Doyle, Executive Vice President, Chief Financial Officer and Secretary of McIntosh State Bank and Secretary of its parent holding company, McIntosh Bancshares Inc. notified the company of his intent to resign from all positions held with the Bank and the company effective August 18, 2009 to accept another position. The company has commenced a search for his replacement and in the interim Jesse Roberts, age 52, will serve as Interim Chief Financial Officer and Secretary of the Bank and Secretary of the company. Mr. Roberts has served as Senior Vice President and Senior Operations Officer since 2001 and will continue to serve in those capacities.

McIntosh Bancshares Inc. financial resources

otc, otcbb, pinksheet, MITB, ob McIntosh Bancshares Inc.

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Industry Analysis

Valuation MITB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 8.6x
Price/Book 0.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

MITB

MITB transactions

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Date
Target
No transactions in the last 6 months.

Pink Sheets: More Recent Financial News About McIntosh Bancshares Inc.

MCINTOSH BANCSHARES INC /GA/ Files SEC form 8-K, Change in Directors or Principal Officers

Quote: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 21, 2010, the board of directors of McIntosh Bancshares, Inc. (the "Company") appointed Darren Cantlay to serve as Secretary and Chief Financial Officer of the Company. Mr. Cantlay, age 39, graduated from Valdosta State University in December 1994 with a Bachelor of Business Administration: Accounting. He was previously the Chi...
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McIntosh State Bank Announces Agreement with Regulators

Quote:
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MCINTOSH BANCSHARES INC /GA/ Files SEC form 8-K, Change in Directors or Principal Officers

Quote: MCINTOSH BANCSHARES INC /GA/Request a Trial to NEW EDGAR Online Pro Form 8-K for MCINTOSH BANCSHARES INC /GA/ 14-Dec-2009Change in Directors or Principal OfficersPrivacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational erro...
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MCINTOSH BANCSHARES INC /GA/ Files SEC form 8-K/A, Entry into a Material Definitive Agreement

Quote: Item 1.01Entry into a Material Definitive Agreement On April 28, 2009, McIntosh State Bank (the "Bank"), a wholly-owned subsidiary of McIntosh Bancshares, Inc., executed cancellation agreements relating to the salary continuation and retirement agreements with the directors and officers of the Bank listed below. Plans that are currently in payment status for Messrs. Malone and Willis remain in effect and will continue to pay them $48,000 per year for 20 years and $24,000 per year for ...
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MCINTOSH BANCSHARES INC /GA/ Files SEC form 8-K, Entry into a Material Definitive Agreement

Quote: Item 1.01Entry into a Material Definitive Agreement On April 28, 2009, McIntosh State Bank (the "Bank"), a wholly-owned subsidiary of McIntosh Bancshares, Inc., executed cancellation agreements relating to the salary continuation and retirement agreements with the directors and officers of the Bank listed below. Plans that are currently in payment status for Messrs. Malone and Willis remain in effect and will continue to pay them $48,000 per year for 20 years and $24,000 per year for ...
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McIntosh State Bank Announces Agreement with Regulators

Quote:
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MCINTOSH BANCSHARES INC /GA/ Files SEC form 8-K, Change in Directors or Principal Officers

Quote: Doyle, Executive Vice President, Chief Financial Officer and Secretary of McIntosh State Bank (the "Bank") and Secretary of its parent holding company, McIntosh Bancshares, Inc. (the "Company") notified the Company of his intent to resign from all positions held with the Bank and the Company effective August 18, 2009 to accept another position. The Company has commenced a search for his replacement and in the interim Jesse Roberts, age 52, will serve as Interim Chief Financia...
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McIntosh Bancshares under cease and desist order

Quote: McIntosh Bancshares Inc., the Jackson, Ga.-based bank holding company of McIntosh State Bank, said Thursday it has entered into a cease and desist order with state and federal bank regulators.A cease-and-desist order is a formal agreement between regulators and a bank that the operations must undergo an overhaul for the institution overseen by regulators or face potential seizure.The order, made public in a filing Thursday with the Securities and Exchange Commission, was finalized Oct. 23 with t...
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MCINTOSH BANCSHARES INC /GA/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and

Quote: Entry into a Material Definitive Agreement. On October 15, 2009, McIntosh State Bank (the "Bank"), the subsidiary bank of McIntosh Bancshares, Inc. (the "Company"), signed an Order to Cease and Desist (the "Order") issued by the Department of Banking and Finance (the "Department"), in consultation with the Federal Deposit Insurance Corporation (the "FDIC"). The Order was countersigned by the Department and the FDIC on October 23, 2009. The Order...
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