LA JOLLA, Calif., Feb. 6 /PRNewswire-FirstCall/ -- ITLA Capital Corporation (NYSE:IMP) announced today that its Board of Directors has approved an increase in its 2007 regular quarterly cash dividend from $0.15 per share to $0.16 per share. President and Chief Executive Officer George W. Haligowski stated: "I'm proud to announce that we'll be continuing our dividend program in 2007 with an increase in the quarterly disbursement. Last year we commenced the program and successfully distributed $3.2 million of dividends. Along with our stock repurchase plan, this program is an additional opportunity to provide value by returning profits directly to our shareholders and allowing them to share in the Company's financial success." "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 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 2007 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 23 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. For additional information, contact Timothy M. Doyle, Executive Managing Director and Chief Financial Officer, at (858) 551-0511. DATASOURCE: ITLA Capital Corporation CONTACT: Timothy M. Doyle, Executive Managing Director, CFO of ITLA Capital Corporation, +1-858-551-0511

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