Alabama Insurance

Superior Bancorp (Nasdaq: SUPR) announced today at its annual meeting that its shareholders have their board of directors for the year 2008 and 1 to 4 Reverse Split of the company shares.

At the annual meeting, the following persons were elected as Superior’s Board of Directors: Stanley C. Bailey, Chairman and Chief Executive Officer, Marvin C. Scott, chairman, Rick D. Gardner, Chief Operating Officer, Roger Barker, Thomas E. Jernigan, Jr., James Mailon Kent, Jr., Mark A. Lee, James M. Link, Peter L. Lowe, John C. Metz, Dewey D. Mitchell, Barry Morton, Robert R. Parrish, Jr., Charles W. Roberts III, and James C. White, Sr. All these people were previously as directors.

Stan Bailey, Chairman and CEO, commented: “I am a strong believer that our representatives must be on board all our major markets and large groups of investors. I am convinced that these gentlemen are always excellent makers scene, as they shared goal of contributing to a Superior bank known for its human superiority to produce high quality products, that the higher value for its customers and shareholders. ”

The shareholders also approved the 1 - 4 share reverse split at the annual meeting. As a result of the acquisition of Business Bank completed in 2007, the number of shares is much higher than that typical for its peer banks. Given that the number of shares relates to the market value per share, book value per share tangible book value per share and earnings per share, a reduction in the number of shares of Superior Bancorp-to-peer level s’ expects that:

In short, shareholders receive a letter of higher education directly by the Transfer Agent of shares as regards the issue of new shares. Starting April 28, the NASDAQ market cite the market value of Superior Bancorp (SUPR) in a post-split basis.

About Superior BANCORP

Superior BANCORP is a saving of $ 3.0 billion holding company with headquarters in Birmingham, Alabama. The main subsidiaries of Superior Bancorp is Superior Bank, a bank South Eastern Community. Superior has 74 branches of the Bank with 43 sites throughout the state of Alabama and 31 locations in Florida. Superior Bank currently has two new stores is planned for North and Central America, Alabama for the remainder of 2008, in addition to the 19 that have opened since September 2006.

Superior Bank operates 22 consumer finance offices in northern Alabama 1 Community Credit and Superior Financial Services.

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