CapitalMark Once Again Earns 5-Stars from BauerFinancial
Chattanooga, TN – February 9, 2011 – CapitalMark Bank & Trust announced that the bank again claims the BauerFinancial 5-Star Rating.
R. Craig Holley, CapitalMark's Chairman, President and CEO, stated: "We are proud tomaintain this 5-Star rating for performance, strength and stability in an extremely adverse banking climate. Our team strives to excel in measurements such as capital adequacy, delinquent loan levels and profitability. This Superior rating from an independent firm is further validation that we are hitting our targets." Lastly, Holley noted, "In 2010,CapitalMark achieved cumulative profitability in less than four years of operation, and we remain a top-performing bank nationally from a field of over 170 banks launched in 2007."
About CapitalMark Bank & Trust
CapitalMark Bank & Trust offers a wide range of banking and trust services to businesses and individuals. Founded March 5, 2007, CapitalMark has locations in Chattanooga and Knoxville. Additional information about CapitalMark and its full line of products and services can be found at www.capitalmark.com.
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward- looking statements are made based upon management's belief as well as assumptions made by, andinformation currently available to, management pursuant to "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Our actual results may differ materially from the results anticipated in forward-looking statements due to a variety of factors, including governmental monetary and fiscal policies, deposit levels, loan demand, loan collateral values, securities portfolio values, interest rate risk management, the effects of competition in the banking business from other commercial banks, thrifts, mortgage banking firms, consumer finance companies, credit unions, securities brokerage firms, insurance companies, money market funds and other financial institutions operating in our market area and elsewhere, including institutions operating through the Internet, changes in governmental regulation relating to the banking industry, including regulations relating to branching and acquisitions, failure of assumptions underlying the establishment of reserves for loan losses, including the value of collateral underlying delinquent loans, and other factors. We caution that such factors are not exclusive. We do not undertake to update any forward-looking statement that may be made from time to time by, or on behalf of, us.