BIRMINGHAM, Ala., Aug. 16 /PRNewswire-FirstCall/ -- The Board of Directors of Alabama National BanCorporation (NASDAQ:ALAB) ("ANB") today announced a quarterly cash dividend of $0.375 per share. The dividend is payable October 3, 2006, to stockholders of record at the close of business on September 15, 2006. ANB is a bank holding company operating 94 banking locations through eleven bank subsidiaries in Alabama, Florida and Georgia. Alabama subsidiaries include: First American Bank in north central Alabama; Alabama Exchange Bank in Tuskegee; and Bank of Dadeville. Florida subsidiaries are: Indian River National Bank in Vero Beach; First Gulf Bank, N.A. in Escambia County, Florida and Baldwin County, AL; Florida Choice Bank in Central Florida; Community Bank of Naples, N.A.; Public Bank in metropolitan Orlando; CypressCoquina Bank in Ormond Beach; and Millennium Bank in Gainesville. ANB has one subsidiary in Georgia, Georgia State Bank in metropolitan Atlanta. ANB provides full banking services to individuals and businesses. Commercial Mortgage Services including the origination of permanent commercial real estate mortgage loans for various lenders is provided by Byars and Company, a Division of First American Bank. Brokerage services are provided to customers through First American Bank's wholly owned subsidiary, NBC Securities, Inc. Investments are not bank guaranteed, not FDIC insured and may lose value. Insurance services are provided through ANB Insurance Services, Inc., a wholly owned subsidiary of First American Bank. Alabama National BanCorporation common stock is traded on the NASDAQ National Market System under the symbol "ALAB." DATASOURCE: Alabama National BanCorporation CONTACT: John H. Holcomb, III, Chairman of the Board and Chief Executive Officer, +1-205-583-3648, or William E. Matthews, V, Executive Vice President and Chief Financial Officer, +1-205-583-3650, both of Alabama National BanCorporation Web site: http://www.alabamanational.com/

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