Alliance Bancshares California Announces Record Earnings for the First Six Months of 2006.

Extract


Alliance Bancshares California Announces Record Earnings for the First Six Months of 2006.

CULVER CITY, Calif. -- Alliance Bancshares California (OTCBB:ABNS), the holding company of Alliance Bank, announced net earnings of $1,942,600 for the quarter ended June 30, 2006, up 39% from $1,401,600 in the same quarter of 2005. Earnings per share were $0.27 (basic) and $0.25 (diluted) for the quarter ended June 30, 2006, compared to $0.19 (basic and diluted) for the second quarter of 2005.

For the six months ended June 30, 2006, the net earnings rose approximately 42%. Net earnings were $3.7 million; $0.51 (basic) and $0.49 (diluted) earnin...

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