SBIT Summit Bancshares

Summit Bancshares Reports 2 for 1 Stock Split FORT WORTH, Texas, Dec. 31 /PRNewswire-FirstCall/ -- Summit Bancshares, Inc. (NASDAQ:SBIT) announced on December 8, 2004 that the Board of Directors had declared a two (2) for (1) stock split to be effected as a 100% stock dividend. The stock split is payable today, December 31, 2004, to holders of record of the Company's common stock as of December 20, 2004. The price of the Company's common stock will reflect the stock split on its opening in the market January 3, 2005. SBI is a community oriented bank holding company with one banking subsidiary -- Summit Bank, N.A. The bank is engaged in full-service commercial and consumer banking in Tarrant County. SBI is publicly-traded on the Nasdaq National Market System and listed under the symbol "SBIT". http://www.newscom.com/cgi-bin/prnh/20041025/DASBANKLOGO http://photoarchive.ap.org/ DATASOURCE: Summit Bancshares, Inc. CONTACT: Bob G. Scott, COO of Summit Bancshares, Inc., +1-817-877-2660 Web site: http://www.summitbank.net/

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