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December 22, 2006
Trinity Capital Corporation Announces Semi-Annual Dividend

LOS ALAMOS, N.M. - Trinity Capital Corporation ("Trinity"), the holding company for Los Alamos National Bank ("LANB"), TCC Appraisal Services and Title Guaranty & Insurance Company, announced a semi-annual dividend of $0.35 per share to be paid to shareholders of record as of December 31, 2006 and payable on January 12, 2007. The total dividend declared for 2006 is an increase of 7.81% over the total dividend declared for 2005.

Trinity is a bank holding company with $1.337 billion in total assets and has 280 employees. LANB is currently in its 43rd year of operation, and offers financial services at its main office in Los Alamos, an office in White Rock and two offices in Santa Fe. LANB also operates a network of 29 automatic teller machines throughout northern New Mexico. TCC Appraisal Services offers residential appraisal services in Los Alamos. Title Guaranty & Insurance Company offers its services from its offices in Los Alamos and Santa Fe.

This document contains, and future oral and written statements of Trinity and its management may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, plans, objectives, future performance and business of Trinity. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of Trinity's management and on information currently available to management, are generally identifiable by the use of words such as "believe," "expect," "anticipate," "plan," "intend," "estimate," "may," "will," "would," "could," "should" or other similar expressions. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and Trinity undertakes no obligation to update any statement in light of new information or future events. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. Additional information concerning Trinity and its business, including additional factors that could materially affect Trinity's financial results, is included in Trinity's filings with the Securities and Exchange Commission.