George_haligowski_photoLA JOLLA, Calif., Nov. 22 /PRNewswire-FirstCall/ — On November 9th, 2006, The Daily Transcript celebrated their 120th anniversary and honored 120 of the most influential people in San Diego. Following the event, The Daily Transcript — Daily Headlines reported: "It was a wonderful event last night at the newly-remodeled US Grant Hotel as The Daily Transcript celebrated its 120-year anniversary. We acknowledged the 120 most influential people in San Diego and the some 600 people who attended the party were boisterous in their praise. George Haligowski, President and CEO of ITLA Capital, was honored as the most influential person."

Accepting this award, Mr. Haligowski thanked the San Diego Daily Transcript for its 120 years of service to the San Diego business community and acknowledged his fellow nominees and their local contributions. Mr. Haligowski recognized all San Diegans for their contributions to the local economy on a daily basis, including our military personnel stationed in and around this great city.

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"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:

This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, changes in economic conditions in the Company’s market areas, changes in policies by regulatory agencies, the impact of competitive loan products, loan demand risks, the quality or composition of the loan or investment portfolios, increased costs from pursuing the national expansion of our small balance multi-family lending platform and operational challenges inherent in implementing this expansion strategy, fluctuations in interest rates, and changes in the relative differences between short- and long-term interest rates, levels of non-performing assets and other loans of concern, and operating results, the economic impact of terrorist actions and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake and specifically disclaims any obligation to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. These risks could cause the Company’s actual results for 2006 and beyond to differ materially from those expressed in any forward-looking statements by, or on behalf of, the Company.

ITLA Capital Corporation is a publicly traded diversified bank holding company specializing in commercial real estate lending on a national basis and is headquartered in San Diego, California. The company conducts its operations through Imperial Capital Bank and Imperial Capital Real Estate Investment Trust. Imperial Capital Bank has seven retail branch locations and 21 loan origination offices serving the Western United States, the Southeast, the Mid-Atlantic states, the Ohio Valley, the Metro New York area and New England.  Lb_granfd_028

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