Exhibit 99.1
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MEDIA ALERT [GRAPHIC] ROYAL BANK ----AMERICA---- ROYAL ASIA
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NASDAQ: RBPAA FOR IMMEDIATE RELEASE
CONTACT:
Marc Sanders, Dir. of Marketing
610-668-4700 x277
msanders@royalbankamerica.com
ROYAL BANK AMERICA'S PARENT COMPANY
DECLARES 2% STOCK DIVIDEND
(Narberth, PA) - December 22, 2005 - The Board of
Directors of Royal Bancshares of Pennsylvania, Inc.
(NASDAQ: RBPAA), parent company of Royal Bank
America and its division Royal Asian Bank, has
declared a 2% stock dividend on Class "A" and "B"
common stock. The declaration date is December 21,
2005 and the record date will be January 4, 2006.
Payment date will be January 17, 2006.
Royal Bank America President/CEO Joseph P. Campbell
noted that this announcement continues the legacy
of declaring a stock dividend each year since 1988.
Earlier this year, the Board of Directors of Royal
Bancshares of Pennsylvania, Inc. raised its
quarterly cash dividend by 10%.
Royal Bancshares of Pennsylvania, headquartered in
Narberth, Pennsylvania, operates sixteen
full-service branches under the name Royal Bank
America and four locations under the name Royal
Asian Bank. Together, Royal Bank America and Royal
Asian Bank offer a wide variety of products and
services, including commercial real estate loans,
residential mortgages, mezzanine and equity
financing, deposit accounts and Internet Banking
solutions at www.royalbankamerica.com and
www.royalasianbank.com.
The foregoing material is unaudited and may contain
forward-looking statements. We caution that such
statements may be subject to a number of
uncertainties, and actual results could differ
materially; therefore, readers should not place
undue reliance on any forward-looking statements.
Royal Bancshares does not undertake, and
specifically disclaims, any obligation to publicly
release the results of any revisions that may be
made to any forward-looking statements to reflect
the occurrence of anticipated or unanticipated
events or circumstances after the date of such
statements.
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