Capital Bank Receives A+ Rating; Named Seventh Healthiest Bank in America

SAN JUAN CAPISTRANO, Calif.--(BUSINESS WIRE)-- Capital Bank (OTCBB: CBJC) today announced it has received an A+ Rating for Overall Institutional Health and has been named the 7th Healthiest Bank in America out of nearly 7,000 banks nationwide by DepositAccounts.com for 2014. The award is based on DepositAccounts.com performance metrics which include asset quality, deposit account growth rates and overall capitalization levels. A list of the Top 200 Healthiest Banks in the Nation can be found at https://www.depositaccounts.com/banks/health.aspx while a detailed breakdown of Capital Banks A+ Rating can be found at https://www.depositaccounts.com/banks/capital-bank-ca.html.

J.M. “Mike” Justice Jr., President & Chief Executive Officer, stated, “I am extremely proud of our Bank’s ongoing strong performance and the numerous industry accolades we continue to garner. This is the second consecutive year we have been recognized by DepositAccounts.com as the 7th Healthiest Bank in the Nation. As we approach the seven-year anniversary of opening our doors for business later this month, our prospects for continued growth and long-term prosperity are bright. This award is a testament to the hard work and dedication of our entire team.”

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: OTCBB:CBJC

For 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

DepositAccounts.com:http://www.depositaccounts.com

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.

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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