Capital Bank Named Top Performing Community Bank in the Nation for Second Consecutive Year

SAN JUAN CAPISTRANO, Calif.--(BUSINESS WIRE)-- Capital Bank (OTCQB: CBJC) today announced it has been rated the Number One Overall Best Performing Community Bank in the Nation for 2014 by Bankerscaddy.com for the second consecutive year. The award is based on Bankerscaddy.com performance metrics designed to assess not only past performance, but the likely sustainability of ongoing strong performance based on long term trends for asset quality, deposit growth and earnings, as well as overall current and projected future capitalization levels. A detailed list and ranking of all banks considered in this awards assessment can be found at www.bankerscaddy.com.

J.M. “Mike” Justice Jr., President & Chief Executive Officer, stated: “I am proud that our Bank continues to garner industry accolades based on our consistent and sustainable performance. While the banking industry as a whole is recovering from the economic turmoil of the past many years, Capital Bank has not only survived but thrived since opening our doors seven years ago in the midst of the financial crisis. Our continued strong balance sheet growth with earnings that significantly out-perform our peers has not gone unnoticed within our industry. This award, among others, is a testament to the hard work and dedication of our entire team of talented banking professionals.”

Capital Bank is dedicated to being known as the Premier Business and Professional Bank in the markets we serve by providing innovative financial solutions tailored to the needs of our customers while exceeding expectations and producing superior shareholder value that become solutions recognized for…“Banking Outside the Box.”

For Additional Information visit our website at: www.mycapitalbank.com.

Stock Symbol: OTCQB:CBJCFor information regarding the purchase or sale of Capital Bank’s stock, contact:Steve Arrigo, Senior Vice President (949) 644-1890Crowell Weedon & Company a division of D.A. Davidson & Co.orDoug Deubel, Vice President (888) 734-0540Raymond James & Associates

Information contained herein may contain certain forward-looking statements that are based on management’s current expectations regarding economic, legislative, and regulatory issues that may impact the Bank’s earnings in future periods. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “intend,” “estimate” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, real estate values, and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting the Bank’s operations, pricing, products and services. The Bank undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150529005064/en/

Capital Bank
J.M. “Mike” Justice Jr., President & C.E.O.
(949) 489-4202
[email protected]
or
John R. McGill, Senior Executive Vice President & C.O.O.
(949) 489-4203
[email protected]

Source: Capital Bank

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