Alabama National BanCorporation Announces Quarterly Dividend
August 22 2007 - 6:06PM
PR Newswire (US)
BIRMINGHAM, Ala., Aug. 22 /PRNewswire-FirstCall/ -- Alabama
National BanCorporation (NASDAQ:ALAB) ("ANB") announced today the
declaration of a quarterly cash dividend of $0.41 per share. The
dividend is payable October 3, 2007 to stockholders of record at
the close of business on September 15, 2007. ANB is a bank holding
company operating 103 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,
Alabama; Florida Choice Bank in Central Florida including metro
Orlando; Community Bank of Naples, N.A.; CypressCoquina Bank in
Ormond Beach; and Millennium Bank in Gainesville. ANB has two
subsidiaries in Georgia: Georgia State Bank and The Peachtree Bank,
both 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, are 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. Alabama National BanCorporation common
stock is traded on the NASDAQ Global Select Market under the symbol
"ALAB." This press release contains forward-looking statements as
defined by federal securities laws. Statements contained in this
press release which are not historical facts are forward-looking
statements. These statements may address issues that involve
significant risks, uncertainties, estimates and assumptions made by
management. ANB undertakes no obligation to update these statements
following the date of this press release. In addition, ANB, through
its senior management, may make from time to time forward-looking
public statements concerning the matters described herein. Such
forward-looking statements are necessarily estimates reflecting the
best judgment of ANB's senior management based upon current
information and involve a number of risks and uncertainties.
Certain factors which could affect the accuracy of such
forward-looking statements are identified in the public filings
made by ANB with the Securities and Exchange Commission, and
forward looking statements contained in this press release or in
other public statements of ANB or its senior management should be
considered in light of those factors. There can be no assurance
that such factors or other factors will not affect the accuracy of
such forward-looking statements. 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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