Alabama National BanCorporation Announces Dividend.BIRMINGHAM, Ala.--(BUSINESS WIRE)--April 17, 1998--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 $0.15 per share payable to stockholders of record at the close of business on June 15, 1998. The dividend, which will be paid on July 3, 1998, represents an annual dividend rate of $0.60. Alabama National BanCorporation common stock is traded on the national over-the-counter market under the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on symbol "ALAB." Alabama National is the sixth largest bank holding company based in Alabama and operates 39 locations in Alabama and one in Florida through seven bank subsidiaries. The lead subsidiary is National Bank of Commerce of Birmingham (NBC). Other subsidiaries are: First American Bank First American Bank is the name of numerous banks operating separately in each state of the United States. Please refer to the individual articles for more information on each bank. in Decatur; First Citizens Bank, N.A. in Talledega; Bank of Dadeville; Alabama Exchange Bank in Tuskegee; First Gulf Bank in Gulf Shores; and Citizens and Peoples Bank in Escambia County, Florida Escambia County is the westernmost county in the U.S. state of Florida. The 2000 population was 294,210. The U.S. Census Bureau 2005 estimate for the county is 296,772.[1] Its county seat is Pensacola, Florida. . The Company provides full banking services to individuals and 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 Securities, Inc. CONTACT: Alabama National BanCorporation, Birmingham John. H. Holcomb, III, 205/583-3648 |
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