Alabama National BanCorporation Completes Acquisition of Coquina Bank of Ormond Beach, Florida.BIRMINGHAM, Ala. -- Alabama National BanCorporation (NASDAQ/NMS: ALAB) ("ANB"), headquartered in Birmingham, Alabama, today announced the completion of its acquisition of Coquina coquina Limestone formed almost entirely of sorted and cemented fossil debris, most commonly coarse shells and shell fragments. Microcoquinas are similar sedimentary rocks composed of finer material. Bank of Ormond Beach, Florida Ormond Beach is a city in Volusia County, Florida, United States. The population was 36,301 at the 2000 census. As of 2004, the population recorded by the U.S. Census Bureau is 37,929.[1]. . Coquina has assets of approximately $112 million. Founded in 1998, Coquina Bank serves its customer base through two offices in Ormond Beach and a third office in Port Orange, Florida This article is about Port Orange, Florida. For the hamlet in New York State, see Deerpark, New York. Port Orange is a city in Volusia County, Florida, United States. In 2006, the U.S. Census Bureau estimated the city's population as 52,793. . ANB is a bank holding company that, following this acquisition, operates 84 locations through fourteen bank subsidiaries in Alabama, Florida and Georgia. ANB had assets of $4.95 billion at March 31, 2004. Alabama subsidiaries include: Birmingham-based National Bank of Commerce (NBC), First American Bank in Decatur/Huntsville, Athens and Auburn/Opelika; First Citizens Bank in Talladega; Bank of Dadeville; Alabama Exchange Bank in Tuskegee and First Gulf Bank in Baldwin County. Florida subsidiaries are: Citizens & Peoples Bank, N.A. in Pensacola; Community Bank of Naples, N.A.; Coquina Bank in Ormond Beach; Cypress Bank in Palm Coast; Indian River National Bank in Vero Beach; Millennium Bank in Gainesville; and Public Bank in metropolitan Orlando. ANB has one subsidiary in Georgia, Georgia State Bank in metropolitan Atlanta. ANB provides full banking services to individuals and businesses. 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. Investments are not bank guaranteed, not FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (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 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 National Market System under the symbol "ALAB." |
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