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Recent Releases
Capital Bank Corporation Declares Cash Dividend on Common Stock
RALEIGH, N.C. – June 26, 2009 – Capital Bank Corporation (Nasdaq: CBKN) announced that its Board of Directors approved on Thursday, June 25, 2009, a quarterly cash dividend on its common stock of......Read more> |
Capital Bank announces expanded team of mortgage originators
Raleigh, N.C. — June 25, 2009 — Capital Bank announced the expansion of its mortgage lending services team with the hiring of ten new mortgage originators across the state. The new hires include......Read more> |
Capital Bank Plaza features new exhibit for First Friday
Raleigh, N.C. — June 3, 2009 — Capital Bank will take part in its inaugural First Friday event on June 5, showcasing a new art exhibit, called The Art of Math & Language......Read more> |
Triangle student actors advance to national competition
Raleigh, N.C. — May 21, 2009 — Capital Bank President and CEO, B. Grant Yarber, presented the Outstanding Leading Actor and Actress awards to two Triangle high school students earlier this week at the Capital Awards. The students now advance to the National......Read more> |
Third annual Capital Awards celebrate rising stars
Raleigh, N.C. — May 14, 2009 — Capital Bank and North Carolina Theatre will present the third annual Capital Awards for High School Musical Excellence on Monday, May 18 to honor drama students from 11 Triangle-area high schools. The Capital Awards recognize......Read more> |
Local currency, the PLENTY, re-launches in Pittsboro
Pittsboro, N.C. — May 7, 2009 — New denominations of the PLENTY (Piedmont Local EcoNomy Tender) will launch in Pittsboro and surrounding counties to boost the health of the local economy. On Tuesday, May 12, the PLENTY Currency Cooperative will re-launch the PLENTY and Capital Bank will......Read more> |
Financial Marketing Veteran Joins Capital Bank
Raleigh, N.C. - May 5, 2009 - Capital Bank recently named bank-marketing veteran Prudy T. Frederick vice president and director of marketing. Frederick brings over 20 years of experience in marketing financial services to her new role with the Raleigh-based community bank......Read more> |
Capital Bank Announces Financial Results for First Quarter of 2009
RALEIGH, N.C., April 23, 2009 - Capital Bank Corporation (Nasdaq: CBKN), the parent company of Capital Bank, today reported a net loss of $4.5 million, or $0.45 per diluted share, for the quarter ended March 31, 2009 compared to net income of $2.2 million, or $0.19 per diluted share, for the quarter ended March 31, 2008. The decline in earnings
was primarily due to......Read more> |
Horatio Alger Association Honors Capital Bank Corp. Board Member
Raleigh, N.C. - April 8, 2009 - Carl H. Ricker, Jr., board member of Capital Bank Corporation, was honored along with 11 other recipients of the 62nd annual Horatio Alger Association of Distinguished Americans this weekend in the nation's capital. The formal induction ceremony took place......Read more> |
Capital Bank Brings Mega Money Mondays to Asheville Tourists’ Fans
Asheville, N.C. - April 8, 2009 - Starting Monday, April 13, Capital Bank will hand out cash to fans during Mega Money Mondays at every Asheville Tourists Monday night home game this season, The first 750 adults through the gate receive an envelope containing between $1 and $100 in cash......Read more> |
Capital Bank Corporation Declares Cash Dividend on Common Stock
RALEIGH, N.C. - March 30, 2009 - Capital Bank Corporation (Nasdaq: CBKN) announced that its Board of Directors approved on Thursday, March 26, 2009, a quarterly cash dividend on its common stock of $.08 per share. The dividend will be paid on or after April 27, 2009 to shareholders of record as of April 13, 2009......Read more> |
Capital Bank Announces Fourth Quarter Goodwill Impairment Charge
RALEIGH, N.C., March 12, 2009 - Capital Bank Corporation (Nasdaq: CBKN), the parent company of Capital Bank, today reported a revised net loss for the quarter ended December 31, 2008 of $62.1 million, or $5.50 per common share. The revision reflects a non-cash goodwill impairment charge based upon completion of the Company's annual goodwill
impairment evaluation......Read more> |
Capital Bank Corporation Announces 2008 Financial Results
RALEIGH, N.C., January 20, 2009 - Capital Bank Corporation (Nasdaq: CBKN), the parent company of Capital Bank, today reported net income for the year ended December 31, 2008 of $6.3 million compared to $7.9 million for the year ended December 31, 2007. Earnings per share on a fully diluted basis were $0.54 for 2008 compared to $0.68 for 2007......Read more> |
Capital Bank Corporation Declares Cash Dividend on Common Stock
RALEIGH, N.C. - December 19, 2008 - Capital Bank Corporation (Nasdaq: CBKN) announced that its Board of Directors approved on Thursday, December 18, 2008, a quarterly cash dividend on its common stock of $.08 per
share. The dividend will be paid on or after January 26, 2009 to shareholders of record as of January 12, 2009......Read more> |
Capital Bank Completes Acquisition of Branches
Raleigh, NC - Dec. 17, 2008 - Capital Bank has completed the acquisition of the four Fayetteville area branches of Omni National Bank into Capital Bank, bringing a broad array of products and services to customers in Fayetteville. On Monday, the new signage was in place at the four branches and all were seamlessly converted to Capital Bank's operating systems......Read more> |
Capital Bank Opens in Clayton
Raleigh, NC - Dec. 1, 2008 - From the airwaves to the racetrack, well-known personalities will be joining Capital Bank's celebration of the new Clayton branch office. Capital Bank will commemorate the grand opening on Tuesday, Dec. 2 at 12701 U.S. Highway 70 West in Clayton......Read more> |
Capital Bank Kicks Off Coats for the Children Campaign
Raleigh, NC - Nov. 20, 2008 - For the fourth consecutive year, Capital Bank is supporting the Salvation Army as a sponsor of the 20th annual WRAL-TV Coats for the Children campaign. The campaign is a Triangle-wide effort to collect warm coats and other outerwear for local children and families in need this winter......Read more> |
Capital Bank Selected To Participate in U.S. Treasury Capital Purchase Program
RALEIGH, N.C., November 17, 2008 - Capital Bank Corporation (Nasdaq: CBKN), the parent company of
Capital Bank, today announced that it has received preliminary approval of its $42.9 million application to
participate in the U.S. Department of the Treasury's Capital Purchase Program (TCPP)......Read more> |
New Capital Bank Location Gains Branch Manager
Raleigh, NC - Nov. 5, 2008 - Capital Bank has named Wanda Markuson branch manager and vice president of the Capital Bank branch in Clayton, which will celebrate its grand opening next month. Markuson joins Capital Bank after serving the Clayton market for over 26 years in banking......Read more> |
Capital Bank Announces Strong Loan Growth, Solid Earnings and Improved Asset Quality
RALEIGH, N.C. - September 26, 2008 - Capital Bank Corporation (Nasdaq: CBKN) announced that its Board of Directors approved on Thursday, September 25, 2008, a quarterly cash dividend on its common stock of $.08 per
share. The dividend will be paid on or after October 27, 2008 to shareholders of record as of October 13, 2008......Read more> |
Capital Bank Corporation Declares Cash Dividend on Common Stock
RALEIGH, N.C., October 21, 2008 - Capital Bank Corporation (Nasdaq: CBKN), the parent company of
Capital Bank, today reported net income for the nine months ended September 30, 2008 of $6.4 million
compared to $7.8 million for the nine months ended September 30, 2007......Read more> |
Capital Bank To Acquire Fayetteville Branches of Omni National Bank
RALEIGH, N.C. - September 25, 2008 - Capital Bank Corporation (Nasdaq: CBKN), headquartered in Raleigh, NC and the parent company of Capital Bank, today announced that it has entered into a definitive purchase agreement to
acquire the four Fayetteville area offices of Omni National Bank......Read more> |
Capital Bank Corporation Has No Investments in Fannie Mae or Freddie Mac Stock
RALEIGH, N.C. – September 15, 2008 – Recently, the United States Department of Treasury and the Federal Housing Finance Agency announced that Freddie Mac and Fannie Mae were being placed under
conservatorship, with control of their management being given to the Federal Housing Finance Agency......
Read more> |
Capital Bank Named Official Bank of ACC Sports Journal
Raleigh, NC - September 3, 2008 - Capital Bank announced today that it is the official banking partner of the ACC Sports Journal and its Web site, ACCSports.com. Capital Bank is teaming up with the revamped publication and......Read more> |
Capital Bank's Roger Plott Named Mover & Shaker
Raleigh, NC - August 25, 2008 - Capital Bank is proud to announce that Roger Plott, commercial services and marketing executive, has been selected by Business Leader Media as a recipient of the 2008 Movers & Shakers Award. Winners will be honored......Read more> |
Capital Bank Proud Sponsor of Pops in the Park this Sunday
Raleigh, NC - August 25, 2008 - Capital Bank is the proud sponsor of Pops in the Park presented by WRAL-TV featuring the North Carolina Symphony and Legends of Beach, a group including five of the original six members of The Embers. The free concert takes place this Sunday, Aug. 31 at 7 p.m. at the Koka Booth Amphitheatre at Regency Park......Read more> |
Capital Bank Offer's Multi-Million Dollar Federal Deposit Insurance Coverage on CD Investments
Raleigh, NC - July 30, 2008 - Beginning this week, Capital Bank customers have the ability to access multi-million dollar Federal Deposit Insurance through Capital Bank.
With the Certificate of Deposit Account Registry Service, or CDARS (pronounced 'cedars'), Capital Bank provides customers with the opportunity for a risk-free investment......Read more> |
Capital Bank Awarded Prestigious Medal of Arts
Raleigh, N.C. - July 28, 2008 - Capital Bank is proud to announce that the bank is a recipient of the 24th annual Medal of Arts, the City of Raleigh's highest arts award recognizing those who have made an extraordinary contribution to the arts through service and/or financial support. Capital Bank was the only corporation selected this year by the City of Raleigh Arts Commission......Read more> |
Capital Bank Corporation Announces Solid Earnings, Improved Asset Quality Despite Economy
RALEIGH, N.C. - July 22, 2008 - Capital Bank Corporation (Nasdaq: CBKN), the parent company of
Capital Bank, today reported net income for the six months ended June 30, 2008 of $4.4 million
compared to $5.1 million for the six months ended June 30, 2007. Earnings per share......Read more> |
Capital Bank Appoints David Therit Chief Accounting Officer
Raleigh, N.C. - June 16, 2008 - Capital Bank Corporation (Nasdaq: CBKN), the parent company of Capital Bank, today announced that David Therit has been named Chief Accounting Officer. Therit has spent most of his extensive career on the public accounting side of the financial......Read more> |
Capital Bank Celebrates Opening of Fourth Asheville Branch
Raleigh, NC - May 28, 2008 - Capital Bank will commemorate the grand opening of its newest branch in Asheville at 11 Market Street, Suite 101 on Tuesday, June 3. A ribbon-cutting ceremony will be held at 4:45 p.m. in conjunction with the Asheville Chamber of Commerce. Community leaders, banking officials and local residents will be in attendance to mark the occasion......Read more> |
Capital Awards Bring Aspiring Stars to the Stage
Raleigh, NC - May 14, 2008 - Capital Bank and the North Carolina Theatre will present the second annual Capital Awards for High School Musical Excellence on Monday, May 19 to honor drama students from 20 Wake County high schools. As the North Carolina Theatre's version of the Tony Awards, the Capital Awards are designed to recognize outstanding......Read more> |
Capital Bank Names New Commercial Relationship Manager
Raleigh, NC - May 5, 2008 -Capital Bank has named Anthony Cobb as Vice President and Commercial Relationship Manager. Cobb joins the bank after serving the local market in Wake County for over ten years and will be based in Capital Bank's Wake Forest branch......Read more> |
Capital Bank Expanding Into Clayton
Raleigh, NC - April 30, 2008- Capital Bank will break ground in Clayton for the opening of its 28th branch location, marking the bank's entry into the Johnston County market. The groundbreaking ceremony will occur on......Read more> |
Capital Bank NC Saves Campaign
Raleigh, NC - April 16, 2008- In keeping with the theme of Financial Literacy Month, Capital Bank announced the enrollment of 50 new savers during North Carolina Saves Week. The bank offered a special "NC Saves" account......Read more> |
Capital Bank Announces New Senior Vice President
Raleigh, NC - April 7, 2008 -Capital Bank recently announced Kim Howren has been promoted to Senior Vice President, Director of Retail Banking. Howren has served as Retail Group Manager at Capital Bank's Glenwood Avenue branch for the past two years......Read more> |
Capital Bank Announces New Hires
Raleigh, NC - April 1, 2008- Capital Bank today announced Todd Baker has joined the Sandhills Region team as Senior Vice President, Area Executive. Additionally, Steve Carter has joined the Burlington team as Senior Vice President, City Executive......Read more> |
Capital Bank Supports Wake Forest College Birthplace Society
Raleigh, NC - March 25, 2008 -In a continuing show of commitment to arts in the community, Capital Bank announced a pledge of $7,500 to the Wake Forest College Birthplace Society. The bank's pledge will assist the society with the expansion of its museum at the Calvin Jones Historical Site.......Read more> |
Capital Bank Associate Receives Award of Excellence
Hickory, N.C. - March 20, 2008 - The Hickory-Catawba Valley Homebuilder's Association named Capital Bank's Barbara Cole this year's Award of Excellence recipient. The award is presented annually to one associate member and one builder member......Read more> |
Capital Bank CEO to speak at Stars in the East Event
Raleigh, NC - March 19, 2008 -B. Grant Yarber, president and CEO of Capital Bank, will be the guest speaker at the 13th annual Stars in the East program hosted by the East Wake Education Foundation. The program, which will be held on March 27th, is a celebration......Read more> |
Capital Bank's Founder Receives Highway Honor
Raleigh, NC - March 13, 2008 -Oscar Keller, Capital Bank founder and one of Lee County's most prominent businessmen, was honored Thursday in a dedication ceremony by the North Carolina Department of Transportation. The DOT elected to name a segment of the new U.S. 421......Read more> |
Capital Bank Launches "Tuned-In Checking"
Raleigh, NC - March 7, 2008 - Capital Bank customers will soon be able to enjoy their extensive music collection courtesy of their checking account. The bank today announced the launch of "Tuned-In Checking," a free checking account designed for high school and college......Read more> |
Capital Bank Welcomes New Marketing Team Member
Raleigh, NC - February 19, 2008 -Capital Bank today announced Christie Lasater has been named Vice President, Marketing Manager. Christie brings over 10 years of marketing experience to the Capital Bank team......Read more> |
Capital Bank Corporation Announces 2007 Financial Results
RALEIGH, N.C. - January 22, 2008 - Capital Bank Corporation (Nasdaq: CBKN), the parent company of Capital Bank, today reported net income for the year ended December 31, 2007 of $7.9 million compared to $12.3 million for the year
ended December 31, 2006. Earnings per share......Read more> |
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