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First Alliance Premier Bancshares Announces Dividend

    MARIETTA, Ga., Jan. 6 /PRNewswire/ -- First Alliance Premier Bancshares,
Inc. (Nasdaq: FABC) has declared a cash dividend of $.56 per share.  This
dividend is payable January 27, 1997, to stockholders of record on January 16,
1997.
    Darrell D. Pittard, chief executive officer, said, "This dividend is the
largest in our organization's history and is 12% higher than the dividend paid
last year.  Our decision to declare this dividend was based on the company's
excellent performance in 1996."
    First Alliance Premier Bancshares, Inc. is a financial institution holding
company with four subsidiaries:  First Alliance Bank with five offices in Cobb
County; Premier Bank with three offices in Cobb, DeKalb, and Gwinnett
Counties; Premier Lending, a mortgage and commercial leading subsidiary with
seven offices in Cobb, DeKalb, Fulton, Gwinnett and Henry Counties; and
Alliance Finance, a consumer finance company with two offices in Cobb and
Paulding Counties.
    First Alliance Premier Bancshares trades on the Nasdaq Small Cap market
under the trading symbol FABC.  For additional financial information, contact
Frank Roach, Chief Financial Officer, at 770-425-2265.


SOURCE First Alliance Premier Bancshares, Inc.




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CONTACT:
Frank H. Roach, CFO, First Alliance Premier
Bancshares, 770-425-2265