Capital Bank Reports 70% Growth in Net Income, 39% Growth in Assets
Business Wire - Mon Nov 10, 8:00AM CST
Capital Bank (OTCBB:CBJC) today announced results of operations through the third quarter of 2014 marked by strong growth in earnings and assets. Year to date pre-tax income totaled $3.9 million compared to $2.3 million the previous year. Following a $1.6 million tax provision, after tax net income totaled almost $2.3 million, producing a 70% increase over the $1.3 million reported for 2013. Assets expanded 39% to $241 million while loans grew 21% to $173 million.
Capital Bank Reports 71% Growth in Earnings, 33% Growth in Assets, Opens San Diego County Regional Banking Center
Business Wire - Mon Aug 18, 8:00AM CDT
Capital Bank (OTCBB:CBJC) today announced results of operations through the second quarter of 2014 marked by exceptional growth in earnings and assets. Assets expanded 33% to $208 million while loans grew 38% to $173 million. Year to date pre-tax income totaled $2.4 million compared to $1.4 million the previous year. Following a $1 million tax provision, after tax net income totaled $1.4 million, producing a 71% increase over the $830 thousand reported for 2013.
Capital Bank Named Seventh Healthiest Bank in America
Business Wire - Tue Aug 12, 8:01AM CDT
Capital Bank (OTCBB:CBJC) today announced that it has been named the Seventh Healthiest Bank in America out of 6,500 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 detailed breakdown of Capital Bank's A+ health score can be found at a dedicated DepositAccounts.com web page at www.depositaccounts.com/banks/capital-bank-ca.html#health.