ALABAMA NATIONAL BANCORPORATION ANNOUNCES DIVIDEND.BIRMINGHAM, Ala.--(BUSINESS WIRE)--April 26, 1996--Alabama National BanCorporation (Nasdaq/NM:ALAB ALAB Atomic Safety and Licensing Appeal Board ) today reported that its Board of Directors declared a regular quarterly cash dividend of $0.05 per share payable to stockholders of record at the close of business June 14, 1996. The dividend, which will be paid on July 3, 1996, represents an annual dividend rate of $0.20. Alabama National BanCorporation is the sixth largest bank holding company in Alabama. The Company operates 28 locations in Alabama through seven bank subsidiaries: National Bank of Commerce of Birmingham; Citizens Bank of Talladega; First National Bank of Ashland; Bank of Dadeville; Alabama Exchange Bank in Tuskegee; Gulf Bank in Orange Beach; and St. Clair Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks in Pell City. ANB ANB American National Biography ANB American National Bank ANB Alaska Native Brotherhood ANB Arab National Bank ANb Agoraphobic Nosebleed (band) ANB Amarillo National Bank (Texas) provides full banking services to individuals and small businesses that prefer local bank decision-making and personalized service. Brokerage services are provided to customers through NBC's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. Securities, Inc. CONTACT: Alabama National BanCorporation, Birmingham Frank W. Whitehead, 205/583-3654 |
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