Finance

Alamerica Bank was organized by Donald Watkins and a small group of well-known and respected Birmingham area leaders who recognized the need for personalized banking services for business and professional customers. As the Bank’s chairman and majority shareholder, Watkins sees Alamerica as one of the few banks where customers are known by name, and where bankers take great pride in growing their customers’ businesses.

Alamerica Bank officially opened its doors for business on January 28, 2000. The bank achieved operational profitability in its sixth month of operation and is considered to be a well-capitalized bank with assets totaling $77 million at the end of 2007.

The Bank achieved the industry’s benchmark return on equity of 15% in 2005. In 2006, the return on equity averaged 20%. The Bank was ranked number 4 (out of 223 southeastern U.S. banks in its peer group) on the “Veteran Profitability All-Stars” list published in the September 2006 edition of Donnelly Penman & Partners’ Community Banking Journal. And in the June 2007 edition of the Independent Banker magazine (www.icba.org), Alamerica Bank was ranked number 4 in ROA nationally in its peer-group of U.S. banks.

In June of 2006, the Bank’s holding company, Alamerica BancCorp, successfully launched its wholly-owned mortgage affiliate, Alamerica Mortgage Corp (www.alamericamortgage.com).

Today, Alamerica Bank’s shareholders, board of directors, management, and staff remain committed to continued growth, sound banking principles and unparalleled personalized banking services. The privilege of serving its special family of diversified, progressive customers is the Bank’s mission.

For more information about Alamerica Bank, visit www.alamericanbank.com.