Exhibit 99.1

Alabama National BanCorporation Announces Third Quarter 2006 Earnings and Declares Fourth Quarter Dividend

FOR IMMEDIATE RELEASE – Birmingham, Alabama (October 18, 2006) –Alabama National BanCorporation (“ANB”) (Nasdaq Global Select: ALAB) today announced earnings for the quarter ended September 30, 2006 and declared a quarterly cash dividend of $0.375 per share.

For the 2006 third quarter, ANB reported earnings of $20.1 million, up 17.7% from the 2005 third quarter. Diluted earnings per share of $1.06 were up 7.8% from the year ago quarter. Diluted cash earnings per share were $1.10, up 9.2% from the 2005 third quarter. Total revenue grew to $77.9 million in the 2006 third quarter, up 12.2% from $69.5 million in the year ago third quarter. ANB’s taxable equivalent net interest margin was 3.81% for the 2006 third quarter, down 13 basis points from the 2005 third quarter and down 16 basis points from the second quarter of 2006.

“Our employees delivered solid results in a banking environment challenged with a flat yield curve and a slowing economy,” said John H. Holcomb, III, Chairman and CEO.  “While we faced these challenges, our company reported a record quarter for net income and diluted earnings per share.  Also, we are pleased with our continued favorable asset quality results.”

“We look forward to the fourth quarter, which will be the first period in which The Peachtree Bank will be included in our results.  We are excited about having this great bank and its great group of employees as contributing members of our team.”

Year-to-date earnings for the first nine months of 2006 were $57.3 million, an increase of 17.5% over the $48.8 million in earnings reported for the same period in 2005.  Diluted earnings per share for the first nine months of 2006 were $3.09, up 10.4% from the $2.80 earned in the first nine months of 2005.  For the first nine months of 2006, ANB recorded cash earnings per diluted share of $3.22, up 11.2% over 2005 levels.

Total assets at September 30, 2006 were $6.9 billion.  Loans (excluding loans held for sale) grew to $4.87 billion, with ending deposits totaling $4.79 billion.  Quarter-end share owners’ equity was $706.1 million, or $37.86 per share, and tangible book value per share was $25.56.

During the 2006 third quarter, ANB recognized $515 thousand in net charge-offs, or an annualized rate of 0.04% of average loans.  Combined with 2006 first and second quarter net charge-offs, ANB’s year-to-date loss of $833 thousand represents a rate of 0.02% in net losses to average loans and leases. Quarter-end nonperforming assets were 0.18% of period end loans and other real estate. The allowance for loan losses covered nonperforming loans 735%.

The Board of Directors of Alabama National today announced a quarterly cash dividend of $0.375 per share.  The dividend is payable January 3, 2007, to stockholders of record at the close of business on December 15, 2006.

ANB is a bank holding company operating 99 banking locations through twelve bank subsidiaries in Alabama, Florida and Georgia. Alabama subsidiaries include: First American Bank in north central Alabama; Alabama Exchange Bank in Tuskegee; and Bank of Dadeville. Florida subsidiaries are: Indian River National Bank in Vero Beach; First Gulf Bank, N.A. in Escambia County, Florida and Baldwin County, Alabama; Florida Choice Bank in Central Florida; Community Bank of Naples, N.A.; Public Bank in metropolitan Orlando; CypressCoquina Bank in Ormond Beach; and Millennium Bank in Gainesville. ANB has two subsidiaries in Georgia: Georgia State Bank and The Peachtree Bank, both in metropolitan Atlanta. ANB provides full banking services to individuals and businesses. Commercial mortgage services, including the origination of permanent commercial real estate mortgage loans for various lenders, are provided by Byars and Company, a division of First American Bank. Brokerage services are provided to customers through First American Bank’s wholly owned subsidiary, NBC Securities, Inc. Investments are not bank guaranteed, not 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 Global Select Market under the symbol “ALAB.”

Conference Call Instructions:
Alabama National will discuss financial results for the third quarter completed September 30, 2006 as well as its goals and general outlook for the remainder of 2006 in a conference call to be held Thursday, October 19, 2006 at 9:00 a.m. Central Time. A listen-only simulcast and replay of Alabama National’s conference call will be available on-line at the following Internet links:

www.alabamanational.com, under “In The News,”
or
www.viavid.net/dce.aspx?sid=000035EB,

on October 19, beginning at 9:00 a.m. Central Time. The on-line replay will follow immediately and continue for 30 days.

For live interactive access to the teleconference, please dial 1-800-474-8920 at 9:00 a.m. Central Time on October 19 and enter Conference ID number 1941993.  For those without Internet access, a telephonic replay will be available through November 19, 2006 by dialing 1-800-203-1112 and entering Conference ID number 1941993.

Many of the comparisons of financial data from period to period presented in the narrative of this release have been rounded from actual values reported in the attached selected unaudited financial tables. The percentage changes presented above are based on a comparison of the actual values recorded in the attached tables, not the rounded values.

This press release, including the attached selected unaudited financial tables which are a part of this release, contains financial information determined by methods other than in accordance with generally accepted accounting principles (“GAAP”). These “non-GAAP” financial measures are “cash earnings” (cash earnings per share), “tangible book value” (tangible book value per share), “return on average tangible equity” and “return on average tangible assets.” ANB’s management uses these non-GAAP measures in its analysis of ANB’s performance. Cash earnings is defined as net income plus amortization expense (net of tax) applicable to intangible assets that do not qualify as regulatory capital. Cash earnings per basic and diluted share is defined as cash earnings divided by basic and diluted common shares outstanding. ANB’s management includes cash earnings measures to compare the company’s earnings exclusive of non-cash amortization expense and because it is a measure used by many investors as part of their analysis of ANB’s performance. Tangible book value is defined as total equity reduced by recorded intangible assets. Tangible book value per share is defined as tangible book value divided by total common shares outstanding. This measure is important to many investors in the marketplace that are interested in changes from period to period in book value per share exclusive of changes in intangible assets. Goodwill, an intangible asset that is recorded in a purchase business combination, has the effect of increasing total book value while not increasing the tangible assets of the company. For companies such as Alabama National that have engaged in multiple business combinations, purchase accounting requires the recording of significant amounts of goodwill related to such transactions. Return on average tangible equity is defined as earnings for the period (annualized for the quarterly or year-to-date period, as applicable) divided by average equity reduced by average goodwill and other intangible assets. Return on average tangible assets is defined as earnings for the period (annualized for the quarterly or year-to-date period, as applicable) divided by average assets reduced by average goodwill and other intangible assets. ANB’s management includes these measures because it believes that they are important when measuring the company’s performance exclusive of the effects of goodwill and other intangibles recorded in recent acquisitions, and these measures are used by many investors as part of their analysis of ANB. These disclosures should not be viewed as a substitute for results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures which may be presented by other companies. Refer to the “Reconciliation Table” in the attached unaudited financial tables for a more detailed analysis of these non-GAAP performance measures and the most directly comparable GAAP measures.

This press release contains forward-looking statements as defined by federal securities laws. Statements contained in this press release which are not historical facts are forward-looking statements. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. ANB undertakes no obligation to update these statements following the date of this press release. In addition, ANB, through its senior management, may make from time to time forward-looking public statements concerning the matters described herein. Such forward-looking statements are necessarily estimates reflecting the best judgment of ANB’s senior management based upon current information and involve a number of risks and uncertainties. Certain factors which could affect the accuracy of such forward-looking statements are identified in the public filings made by ANB with the Securities and Exchange Commission, and forward looking statements contained in this press release or in other public statements of ANB or its senior management should be considered in light of those factors. There can be no assurance that such factors or other factors will not affect the accuracy of such forward-looking statements.

Contacts:
Alabama National BanCorporation
John H. Holcomb III	William E. Matthews, V
Chairman of the Board and	Executive Vice President and
Chief Executive Officer	Chief Financial Officer
(205) 583-3648	(205) 583-3650

ALABAMA NATIONAL BANCORPORATION
(Unaudited Financial Highlights)
(in thousands, except per share amounts and percentages)

	Three Months Ended September 30,
							Percentage
	2006			2005			Change (b)
Net interest income	$	58,196		$	51,359			13.3	%
Noninterest income		19,709			18,098			8.9
Total revenue		77,905			69,457			12.2
Provision for loan and lease losses		1,130			2,440			(53.7	)
Noninterest expense		46,187			40,990			12.7
Net income before income taxes		30,588			26,027			17.5
Income taxes		10,475			8,944			17.1
Net income	$	20,113		$	17,083			17.7
Weighted average common and common equivalent shares outstanding
Basic		18,834			17,198			9.5	%
Diluted		19,012			17,412			9.2
Net income per common share
Basic	$	1.07		$	.99			7.5	%
Diluted		1.06			.98			7.8
Cash earnings (a)
Total	$	20,988		$	17,603			19.2	%
Basic		1.11			1.02			8.9
Diluted		1.10			1.01			9.2
Cash dividends declared on common stock	$	.375		$	.3375
Return on average assets		1.18	%		1.18	%
Return on average tangible assets		1.22			1.22
Return on average equity		11.41			12.20
Return on average tangible equity		17.00			16.94
Noninterest Income
Service charge income	$	4,042		$	4,181			(3.3	)%
Investment services income		1,292			1,086			19.0
Wealth management income		5,371			4,641			15.7
Gain on sale of mortgages		2,774			3,565			(22.2	)
Commercial mortgage banking income		518			—			NM
Gain (loss) on disposal of assets		13			(21	)		NM
Bank owned life insurance		988			737			34.1
Insurance commissions		963			825			16.7
Other		3,748			3,084			21.5
Total noninterest income	$	19,709		$	18,098			8.9

(a)	Cash basis earnings exclude the effect on earnings of amortization expense applicable to intangible assets that do not qualify as regulatory capital.
(b)	Percentage change based on actual not rounded values.
NM - Not meaningful

	Nine Months Ended September 30,
							Percentage
	2006			2005			Change (b)
Net interest income	$	169,714		$	147,351			15.2	%
Noninterest income		57,448			53,110			8.2
Total revenue		227,162			200,461			13.3
Provision for loan and lease losses		4,293			5,975			(28.2	)
Noninterest expense		135,435			120,366			12.5
Income before taxes and cumulative effect of accounting change		87,434			74,120			18.0
Income taxes		30,179			25,362			19.0
Net income before cumulative effect of accounting change		57,255			48,758			17.4
Cumulative effect of accounting change (net of tax)		48			—			NM
Net income	$	57,303		$	48,758			17.5
Weighted average common and common equivalent shares outstanding
Basic		18,336			17,185			6.7	%
Diluted		18,521			17,404			6.4
Net income per common share
Basic	$	3.13		$	2.84			10.1	%
Diluted		3.09			2.80			10.4
Cash earnings (a)
Total	$	59,604		$	50,359			18.4	%
Basic		3.25			2.93			10.9
Diluted		3.22			2.89			11.2
Cash dividends declared on common stock	$	1.13		$	1.0125
Return on average assets		1.18	%		1.17	%
Return on average tangible assets		1.22			1.21
Return on average equity		11.71			11.96
Return on average tangible equity		17.08			16.71

Noninterest Income
Service charge income	$	11,753		$	12,265	(4.2	)%
Investment services income		3,122			3,089	1.1
Wealth management income		16,102			14,082	14.3
Gain on sale of mortgages		8,046			9,652	(16.6	)
Commercial mortgage banking income		1,534			—	NM
Gain on disposal of assets		552			690	(20.0	)
Securities (losses) gains		(1,250	)		72	NM
Bank owned life insurance		2,528			2,136	18.4
Insurance commissions		2,873			2,453	17.1
Other		12,188			8,671	40.6
Total noninterest income	$	57,448		$	53,110	8.2

(a)	Cash basis earnings exclude the effect on earnings of amortization expense applicable to intangible assets that do not qualify as regulatory capital.
(b)	Percentage change based on actual not rounded values.
NM - Not meaningful

	September 30, 2006		December 31, 2005		Percentage Change
Total assets	$	6,870,818	$	5,931,673		15.8	%
Earning assets		6,183,706		5,385,824		14.8
Securities (a)		1,207,919		1,136,487		6.3
Loans held for sale		24,184		14,940		61.9
Loans and leases, net of unearned income		4,874,244		4,144,095		17.6
Allowance for loan and lease losses		61,354		52,815		16.2
Deposits		4,790,982		4,343,264		10.3
Short-term borrowings		229,635		34,700		561.8
Long-term debt		378,569		369,246		2.5
Stockholders’ equity		706,113		571,879		23.5

(a) Excludes trading securities

ASSET QUALITY ANALYSIS
(in thousands, except percentages)

	As of / For the Three Months Ended
	Sept 30, 2006			June 30, 2006			Sept 30, 2005
Nonaccrual loans	$	8,344		$	5,625		$	7,411
Restructured loans		—			—			—
Loans past due 90 days or more and still accruing		-0-			-0-			-0-
Total nonperforming loans		8,344			5,625			7,411
Other real estate owned		381			401			668
Total nonperforming assets		8,725			6,026			8,079
Total non performing assets as a percentage of period-end loans and other real estate (a)		0.18	%		0.13	%		0.20	%
Allowance for loan and lease losses	$	61,354		$	60,739		$	51,679
Provision for loan and lease losses		1,130			1,920			2,440
Loans charged off		848			513			791
Loan recoveries		333			405			393
Net loan and lease losses		515			108			398
Allowance for loan and lease losses as a percentage of period-end loans and leases (a)		1.26	%		1.26	%		1.27	%
Allowance for loan and lease losses as a percentage of period-end nonperforming loans		735.31			1,079.80			697.33
Net losses to average loans and leases (annualized)		0.04			0.01			0.04

	For the Nine Months Ended September 30,
							Percentage
	2006			2005			Change
Provision for loan and lease losses	$	4,293		$	5,975			(28.2	)%
Loans charged off		1,866			1,809			3.15
Loan recoveries		1,033			929			11.2
Net loan and lease losses		833			880			(5.3	)
Net losses to average loans and leases (annualized)		0.02	%		0.03	%

(a) Excludes loans held for sale

TAXABLE EQUIVALENT YIELDS/RATES

	Three Months Ended
	Sept 30, 2006			June 30, 2006			Sept 30, 2005
Interest income:
Interest and fees on loans		7.95	%		7.75	%		6.78	%
Interest on securities:
Taxable		4.46			4.45			4.15
Non-taxable		6.38			6.41			6.87
Total interest earning assets		7.27			7.10			6.18
Interest expense:
Interest on deposits		3.72	%		3.38	%		2.39	%
Interest on short-term borrowing		5.62			4.63			4.14
Interest on long-term debt		5.22			5.00			4.29
Total interest bearing liabilities		4.03			3.67			2.66
Net interest spread		3.24			3.43			3.52
Net interest margin		3.81			3.97			3.94

	Nine Months Ended September 30,
	2006			2005
Interest income:
Interest and fees on loans		7.72	%		6.51	%
Interest on securities:
Taxable		4.43			4.17
Non-taxable		6.43			6.54
Total interest earning assets		7.06			5.93
Interest expense:
Interest on deposits		3.39	%		2.12	%
Interest on short-term borrowing		5.25			3.74
Interest on long-term debt		4.98			3.99
Total interest bearing liabilities		3.68			2.37
Net interest spread		3.38			3.56
Net interest margin		3.91			3.94

STOCKHOLDERS’ EQUITY AND CAPITAL RATIOS

	Sept 30, 2006			December 31, 2005
Stockholders’ Equity:
Equity to assets		10.28	%		9.64	%
Leverage ratio		8.23			8.29
Book value per common share (a)	$	37.86		$	33.40
Tangible book value per common share (a)(b)		25.56			24.20
Ending shares outstanding		18,650			17,124

(a)	Includes a cumulative mark to market adjustment to equity of $(0.44) and $(0.52) per share at September 30, 2006 and December 31, 2005, respectively.
(b)	Total equity reduced by intangible assets divided by common shares outstanding.

RECONCILIATION TABLE
(in thousands, except per share amounts and percentages)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2006			2005			2006			2005
Net income	$	20,113		$	17,083		$	57,303		$	48,758
Amortization of intangibles, net of tax		875			520			2,301			1,601
Cash earnings	$	20,988		$	17,603		$	59,604		$	50,359
Net income per common share - basic	$	1.07		$	0.99		$	3.13		$	2.84
Effect of amortization of intangibles per share		0.04			0.03			0.12			0.09
Cash earnings per common share - basic	$	1.11		$	1.02		$	3.25		$	2.93
Net income per common share - diluted	$	1.06		$	0.98		$	3.09		$	2.80
Effect of amortization of intangibles per share		0.04			0.03			0.13			0.09
Cash earnings per diluted share	$	1.10		$	1.01		$	3.22		$	2.89
Average assets	$	6,752,745		$	5,731,482		$	6,470,383		$	5,556,994
Average intangible assets		(230,011	)		(155,349	)		(205,795	)		(155,157	)
Average tangible assets	$	6,522,734		$	5,576,133		$	6,264,588		$	5,401,837
Return on average assets		1.18	%		1.18	%		1.18	%		1.17	%
Effect of average intangible assets		0.04			0.04			0.04			0.04
Return on average tangible assets		1.22	%		1.22	%		1.22	%		1.21	%
Average equity	$	699,333		$	555,335		$	654,280		$	545,185
Average intangible assets		(230,011	)		(155,349	)		(205,795	)		(155,157	)
Average tangible equity	$	469,322		$	399,986		$	448,485		$	390,028
Return on average equity		11.41	%		12.20	%		11.71	%		11.96	%
Effect of average intangible assets		5.59			4.74			5.37			4.75
Return on average tangible equity		17.00	%		16.94	%		17.08	%		16.71	%

	As of
	September 30, 2006			December 31, 2005
Book value	$	706,113		$	571,879
Intangible assets		(229,372	)		(157,429	)
Tangible book value	$	476,741		$	414,450
Book value per common share	$	37.86		$	33.40
Effect of intangible assets per share		(12.30	)		(9.20	)
Tangible book value per common share	$	25.56		$	24.20

Alabama National BanCorporation and Subsidiaries
Consolidated Statements of Financial Condition (Unaudited)
(In thousands, except share amounts)

	September 30,  2006			December 31, 2005
Assets
Cash and due from banks	$	195,474		$	189,256
Interest-bearing deposits in other banks		11,669			19,428
Federal funds sold and securities purchased under resell agreements		64,395			70,472
Trading securities, at fair value		1,295			402
Investment securities (fair values of $682,025 and $576,424)		697,574			591,153
Securities available for sale, at fair value		510,345			545,334
Loans held for sale		24,184			14,940
Loans and leases		4,878,945			4,147,739
Unearned income		(4,701	)		(3,644	)
Loans and leases, net of unearned income		4,874,244			4,144,095
Allowance for loan and lease losses		(61,354	)		(52,815	)
Net loans and leases		4,812,890			4,091,280
Property, equipment and leasehold improvements, net		143,603			114,159
Goodwill		214,151			148,071
Other intangible assets, net		15,221			9,358
Cash surrender value of life insurance		99,502			74,593
Receivable from investment division customers		4,628			7,166
Other assets		75,887			56,061
Totals	$	6,870,818		$	5,931,673
Liabilities and Stockholders’ Equity
Deposits:
Noninterest bearing	$	743,150		$	729,045
Interest bearing		4,047,832			3,614,219
Total deposits		4,790,982			4,343,264
Federal funds purchased and securities sold under repurchase agreements		711,258			545,337
Accrued expenses and other liabilities		48,338			61,361
Payable for securities purchased for investment division customers		5,923			5,886
Short-term borrowings		229,635			34,700
Long-term debt		378,569			369,246
Total liabilities		6,164,705			5,359,794
Common stock, $1 par; 50,000,000 shares authorized; 18,650,179 and 17,124,316 shares issued at September 30, 2006 and December 31, 2005, respectively		18,650			17,124
Additional paid-in capital		443,134			347,434
Retained earnings		252,447			216,144
Accumulated other comprehensive loss, net of tax		(8,118	)		(8,823	)
Total stockholders’ equity		706,113			571,879
Totals	$	6,870,818		$	5,931,673

Alabama National BanCorporation and Subsidiaries
Consolidated Statements of Income (Unaudited)
(In thousands, except per share data)

	For the three months  ended September 30,					For the nine months ended September 30,
	2006		2005			2006			2005
Interest income:
Interest and fees on loans and leases	$	97,279	$	67,831		$	266,374		$	184,051
Interest on securities		13,275		11,985			38,329			36,311
Interest on deposits in other banks		225		66			450			191
Interest on trading securities		15		7			34			16
Interest on federal funds sold and securities purchased under resell agreements		806		798			2,531			2,035
Total interest income		111,600		80,687			307,718			222,604
Interest expense:
Interest on deposits		38,019		20,690			99,059			53,085
Interest on federal funds purchased and securities sold under repurchase agreements		8,142		4,519			21,207			10,148
Interest on short-term borrowings		2,117		754			3,238			2,030
Interest on long-term debt		5,126		3,365			14,500			9,990
Total interest expense		53,404		29,328			138,004			75,253
Net interest income		58,196		51,359			169,714			147,351
Provision for loan and lease losses		1,130		2,440			4,293			5,975
Net interest income after provision for loan and lease losses		57,066		48,919			165,421			141,376
Noninterest income:
Securities (losses) gains		—		—			(1,250	)		72
Gain (loss) on disposition of assets		13		(21	)		552			690
Service charges on deposit accounts		4,042		4,181			11,753			12,265
Investment services income		1,292		1,086			3,122			3,089
Wealth management income		5,371		4,641			16,102			14,082
Gain on sale of mortgages		2,774		3,565			8,046			9,652
Commercial mortgage banking income		518		—			1,534			—
Bank owned life insurance		988		737			2,528			2,136
Insurance commissions		963		825			2,873			2,453
Other		3,748		3,084			12,188			8,671
Total noninterest income		19,709		18,098			57,448			53,110
Noninterest expense:
Salaries and employee benefits		24,262		21,680			71,038			63,086
Commission based compensation		4,586		4,051			13,143			11,556
Occupancy and equipment expenses		5,264		4,540			15,154			13,021
Amortization of intangibles		1,306		766			3,422			2,360
Other		10,769		9,953			32,678			30,343
Total noninterest expense		46,187		40,990			135,435			120,366
Income before provision for income taxes and cumulative effect of accounting change		30,588		26,027			87,434			74,120
Provision for income taxes		10,475		8,944			30,179			25,362
Net income before cumulative effect of accounting change		20,113		17,083			57,255			48,758
Cumulative effect of accounting change (net of tax)		—		—			48			—
Net income	$	20,113	$	17,083		$	57,303		$	48,758
Weighted average common shares outstanding:
Basic		18,834		17,198			18,336			17,185
Diluted		19,012		17,412			18,521			17,404
Earnings per common share before cumulative effect of accounting change:
Basic	$	1.07	$	0.99		$	3.12		$	2.84
Diluted	$	1.06	$	0.98		$	3.09		$	2.80
Earnings per common share:
Basic	$	1.07	$	0.99		$	3.13		$	2.84
Diluted	$	1.06	$	0.98		$	3.09		$	2.80

AVERAGE BALANCES, INCOME AND EXPENSES AND RATES
 (Amounts in thousands, except yields and rates)

	Three Months 09/30/06								Three Months 09/30/05
	Average  Balance			Income/  Expense		Yield/ Cost			Average Balance			Income/ Expense		Yield/ Cost
Assets:
Earning assets:
Loans and leases (1)	$	4,861,167		$	97,415		7.95	%	$	3,977,186		$	67,971		6.78	%
Securities:
Taxable		1,095,864			12,312		4.46			1,089,857			11,412		4.15
Tax exempt		90,761			1,459		6.38			50,167			868		6.87
Cash balances in other banks		17,796			225		5.02			7,703			66		3.40
Funds sold		57,876			806		5.53			85,872			798		3.69
Trading account securities		1,245			15		4.78			713			7		3.90
Total earning assets (2)		6,124,709			112,232		7.27			5,211,498			81,122		6.18
Cash and due from banks		168,449								171,248
Premises and equipment		139,617								101,588
Other assets		381,126								297,664
Allowance for loan and lease losses		(61,156	)							(50,516	)
Total assets	$	6,752,745							$	5,731,482
Liabilities:
Interest-bearing liabilities:
Interest-bearing transaction accounts	$	1,114,186		$	8,135		2.90	%	$	901,391		$	3,602		1.59	%
Savings deposits		955,355			7,217		3.00			911,046			3,908		1.70
Time deposits		1,987,488			22,667		4.52			1,622,181			13,180		3.22
Funds purchased		657,506			8,142		4.91			563,345			4,519		3.18
Other short-term borrowings		149,362			2,117		5.62			72,343			754		4.14
Long-term debt		389,516			5,126		5.22			311,469			3,365		4.29
Total interest-bearing liabilities		5,253,413			53,404		4.03			4,381,775			29,328		2.66
Demand deposits		748,435								729,220
Accrued interest and other liabilities		51,564								65,152
Stockholders’ equity		699,333								555,335
Total liabilities and stockholders’ equity	$	6,752,745							$	5,731,482
Net interest spread							3.24	%							3.52	%
Net interest income/margin on a taxable equivalent basis					58,828		3.81	%					51,794		3.94	%
Tax equivalent adjustment (2)					632								435
Net interest income/margin				$	58,196		3.77	%				$	51,359		3.91	%

(1)	Average loans include nonaccrual loans. All loans and deposits are domestic.
(2)	Tax equivalent adjustments are based on the assumed rate of 34%, and do not give effect to the disallowance for Federal income tax purposes of interest expense related to certain tax-exempt assets.

AVERAGE BALANCES, INCOME AND EXPENSES AND RATES
(Amounts in thousands, except yields and rates)

	Nine Months 09/30/06								Nine Months 09/30/05
	Average Balance			Income/  Expense		Yield/ Cost			Average Balance			Income/  Expense		Yield/ Cost
Assets:
Earning assets:
Loans and leases (1)	$	4,617,531		$	266,759		7.72	%	$	3,787,438		$	184,451		6.51	%
Securities:
Taxable		1,084,872			35,939		4.43			1,110,353			34,592		4.17
Tax exempt		75,278			3,621		6.43			53,227			2,605		6.54
Cash balances in other banks		12,718			450		4.73			8,980			191		2.84
Funds sold		65,844			2,531		5.14			87,086			2,035		3.12
Trading account securities		1,019			34		4.46			469			16		4.56
Total earning assets (2)		5,857,262			309,334		7.06			5,047,553			223,890		5.93
Cash and due from banks		179,982								167,836
Premises and equipment		128,875								103,573
Other assets		362,587								286,779
Allowance for loan and lease losses		(58,323	)							(48,747	)
Total assets	$	6,470,383							$	5,556,994
Liabilities:
Interest-bearing liabilities:
Interest-bearing transaction accounts	$	1,096,629		$	21,580		2.63	%	$	897,545		$	9,393		1.40	%
Savings deposits		930,326			18,391		2.64			899,689			9,713		1.44
Time deposits		1,885,467			59,088		4.19			1,549,789			33,979		2.93
Funds purchased		624,763			21,207		4.54			491,318			10,148		2.76
Other short-term borrowings		82,390			3,238		5.25			72,560			2,030		3.74
Long-term debt		388,959			14,500		4.98			334,501			9,990		3.99
Total interest-bearing liabilities		5,008,534			138,004		3.68			4,245,402			75,253		2.37
Demand deposits		736,438								708,320
Accrued interest and other liabilities		71,131								58,087
Stockholders’ equity		654,280								545,185
Total liabilities and stockholders’ equity	$	6,470,383							$	5,556,994
Net interest spread							3.38	%							3.56	%
Net interest income/margin on a taxable equivalent basis					171,330		3.91	%					148,637		3.94	%
Tax equivalent adjustment (2)					1,616								1,286
Net interest income/margin				$	169,714		3.87	%				$	147,351		3.90	%

(1)	Average loans include nonaccrual loans. All loans and deposits are domestic.
(2)	Tax equivalent adjustments are based on the assumed rate of 34%, and do not give effect to the disallowance  for Federal income tax purposes of interest expense related to certain tax-exempt assets.