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CapitalMark Reports First Quarter Earnings Increase

Chattanooga, Tennessee – April 28, 2011 – CapitalMark Bank & Trust today reported earnings for the first quarter ended March 31, 2011.

FIRST QUARTER HIGHLIGHTS:

·  Net Income was $718,302 increasing 4.8% over the first quarter 2010.

·  Total Assets were $491 million representing a 20.5% increase from first quarter 2010.

·  Deposits totaled $434.2 million, a 24.6% increase over first quarter 2010.

·  Non-Performing Assets to Total Assets Ratio decreased to 1.9% from 2.5% in fourth quarter 2010.

R. Craig Holley, CapitalMark’s Chairman, President and CEO, stated:  “We are proud to report positive results in spite of headwinds which include historic regulatory changes and the resultant cost pressures. We are particularly pleased with a decrease in non-performing assets; however, the slow and uncertain economic recovery will continue to impact some borrowers.” Lastly, Holley noted, “Capital ratios remain significantly above those for well-capitalized banks under applicable regulatory guidelines; further, our strong capital position serves as the foundation for our continued growth and positions us optimally as our industry faces further consolidation.” 

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.

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