LA JOLLA, Calif., Aug. 1 /PRNewswire-FirstCall/ -- ITLA CapitalCorporation (NYSE: IMP) announced today that its shareholders have approvedthe Company's name change to Imperial Capital Bancorp, Inc. The name changewill be effective on August 3, 2007. In conjunction with the name change,the Company is updating its website address to"imperialcapitalbancorp.com." The Company's ticker symbol will not change, but the following newCUSIP number has been assigned to the Company's common stock: 452 680 101.Holders of stock certificates bearing the name ITLA Capital Corporation maycontinue to hold those certificates and will not be required to exchangethem for new stock certificates or take any other action. President and Chief Executive Officer George W. Haligowski stated: "Ournew name better reflects our primary business operations as the holdingcompany for Imperial Capital Bank and is more consistent with our tickersymbol, which changed from 'ITLA' to 'IMP' when we moved to the New YorkStock Exchange from the NASDAQ Stock Market in December 2006." "Safe Harbor" statement under the Private Securities Litigation ReformAct of 1995: This release contains forward looking statements that are subject torisks and uncertainties, including, but not limited to, changes in economicconditions in the Company's market areas, changes in policies by regulatoryagencies, the impact of competitive loan products, loan demand risks, thequality or composition of the loan or investment portfolios, increasedcosts from pursuing the national expansion of our lending platform andoperational challenges inherent in implementing this expansion strategy,fluctuations in interest rates, and changes in the relative differencesbetween short- and long-term interest rates, levels of non-performingassets and other loans of concern, and operating results, the economicimpact of terrorist actions and other risks detailed from time to time inthe Company's filings with the Securities and Exchange Commission. TheCompany cautions readers not to place undue reliance on any forward-lookingstatements. The Company does not undertake and specifically disclaims anyobligation to revise any forward-looking statements to reflect theoccurrence of anticipated or unanticipated events or circumstances afterthe date of such statements. These risks could cause the Company's actualresults for 2007 and beyond to differ materially from those expressed inany forward looking statements by, or on behalf of, the Company. ITLA Capital Corporation is a publicly traded diversified bank holdingcompany specializing in commercial real estate lending on a national basisand is headquartered in San Diego, California. The Company conducts itsoperations through Imperial Capital Bank and Imperial Capital Real EstateInvestment Trust. Imperial Capital Bank has eight retail branch locationsand 24 loan origination offices serving the Western United States, theSoutheast, the Mid-Atlantic states, the Ohio Valley, the Metro New Yorkarea and New England. For additional information, contact Timothy M. Doyle, ExecutiveManaging Director and Chief Financial Officer, at (858) 551-0511. Contact: Timothy M. Doyle Executive Managing Director, CFO 858.551.0511
