My settings are:
Enable Custom entry: Yes
Entry Title: http://www.integricitycreatives.com/_media/images/header-wpbar_integricity.png
Title link leads to: Site Admin area
Disable WordPress menu items: WordPress menu
I added a new link called Integricity Creatives with a link to http://integricitycreatives.com but the link that is created shows: http://staging.integricitycreatives.com/default/wp-admin/http://integricitycreatives.com
It should be just http://integricitycreatives.com without the default Site URL.