Alliance Bancshares California Announces Record Net Earnings for the Year Ending December 31, 2006.

CULVER CITY Culver City, city (1990 pop. 38,793), Los Angeles co., S Calif., a residential suburb of Los Angeles; inc. 1917. It is a center of the U.S. motion-picture industry, whose roots in the city date to c.1915. Its chief manufactures are rubber products and computers.
..... Click the link for more information., Calif. -- Alliance Bancshares California (OTCBB OTCBB

See OTC Bulletin Board (OTCBB). :ABNS ABNS American Board of Neurological Surgery
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ABNS American Baptist News Service ), the holding company of Alliance Bank, announced record net earnings of $8.0 million for the year ended December 31, 2006, up 29% from $6.2 million in 2005. Earnings per share were $1.10 (basic) and $1.05 (diluted di·lute
tr.v. di·lut·ed, di·lut·ing, di·lutes
1. To make thinner or less concentrated by adding a liquid such as water.

2. To lessen the force, strength, purity, or brilliance of, especially by admixture. ) for the year ended December 31, 2006, compared to $0.93 (basic) and $0.90 (diluted) for 2005. Net earnings are calculated before preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.

Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. dividend payments. Financial results for the year ended December 31, 2006, are as yet unaudited.

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