423 756 7878

423 478 6540

865 329 3500

Oak Ridge
865 481 7800

Hours of Operation
Monday – Friday
8:30 am – 5:00 pm  



Craig Holley

R. Craig Holley
Chairman, President & Chief Executive Officer

Mr. Holley is Chairman, President and Chief Executive Officer of CapitalMark Bank & Trust. Mr. Holley earned his Bachelor of Science degree in Economics at Auburn University in Auburn, Alabama in 1979, and is a 1987 graduate of the School of Banking of the South at Louisiana State University. In 1998, he successfully completed Georgia State University’s Management Development Program at the Center for Executive Education in Atlanta, Georgia; and is a 2002 graduate of the Center of Creative Leadership in Greensboro, North Carolina. Prior to founding CapitalMark, Mr. Holley worked for over 25 years with AmSouth Bank, serving as regional president for the bank’s southeast Tennessee/North Georgia area. He is a member of the boards of directors of the Nashville Branch of the Federal Reserve Bank of Atlanta and Siskin Children’s Institute. He is vice chairman of the Hunter Museum of American Art and past chair of the Chattanooga Economic Development Council . In addition, Mr. Holley serves on the FIS national CEO Strategic Planning Advisory Council.

Mr. Holley is a past member of the University of Tennessee at Chattanooga College of Business Advisory Board and of the Chancellor’s Roundtable. He has served on the boards of directors of the Chattanooga Area Chamber of Commerce, United Way of Greater Chattanooga, ArtsBuild, Girls Preparatory School, Ochs Center for Metropolitan Studies, Chattanooga Neighborhood Enterprise, T.C. Thompson Children’s Hospital Foundation, Tennessee River Gorge Trust, Cherokee Area Council of the Boy Scouts of America, First Things First, and the YMCA of Metropolitan Chattanooga.


Jim Vavalides

James H. Vavalides
Credit Risk Management Group Head

Mr. Vavalides serves as the Credit Risk Management Group Head. He earned his Bachelor of Science in Business Administration (with Honors) with a major in Real Estate and Urban Development, and his Master of Business Administration Degrees from the University of Tennessee, Knoxville. His financial services career began at RepublicBank (Dallas, Texas). He completed the bank’s formal credit and risk analysis program in 1982. His initial client management position was in the Financial Institutions Division serving bank and trust organizations and financial holding companies. After three years he was promoted to a management and leadership position in RepublicBank’s Middle Market Division, serving commercial businesses with revenues of up to $50,000,000, and Commercial Real Estate Development clients. In 1988, he joined SunTrust Bank, Chattanooga in the Corporate Banking Division as a Senior Client Manager. In 1990, he was promoted to Division Manager responsible for the overall production, performance and administrative results of the Corporate Banking Division, Commercial Real Estate Finance Group, Treasury Services, and the Merchant Card segments. In 1992, he was designated as a member of SunTrust Chattanooga’s Strategic Planning, Asset/Liability, and Finance Committees. In 2003, he accepted the offer to become the STI Chattanooga Region’s Chief Credit Officer responsible for the underwriting of credit requests with exposures up to $15,000,000. The position was responsible for consistent application of credit policies and procedures by the Private and Wealth Banking, Commercial, and Business Banking units. In 2004, he joined Branch Banking and Trust in a role that called for both direct client management, and internal team leadership responsibilities. He was responsible for commercial, and real estate business development and loan underwriting, as well as the overall production and management results for the territory. He served on the BB&T Tennessee regional loan review and executive management committees. Mr. Vavalides has served as a member of the Knoxville Rotary Club and a member of the Finance Committee for the Knoxville Chamber of Commerce. Additionally, he currently serves on the Planning Committee board of St. George Greek Orthodox Church.



Barry Rich

Barry W. Rich
Chief Financial Officer

Mr. Rich serves as Chief Financial Officer. He graduated from the University of Memphis (Bachelor of Science Business Administration, with a major in Accounting, cum laude, 1987). He is the former West Tennessee Bank Group President for Clayton Bank and Trust. Mr. Rich also served as the chief financial officer for Clayton Bancorp. From 1993 to 2003, Mr. Rich was a shareholder with Philhours, Rich & Fletcher PLLC CPAs in Jackson, Tennessee. There he directed the firm’s community banking practice and was responsible for all external and outsourced internal audits, loan reviews, system selection projects, IS audits, consulting on regulatory issues, merger planning, and fraud projects. Active in his community and profession, Mr. Rich has served as Secretary/Treasurer, Vice President and President of the West Tennessee Chapter of the Tennessee Society of Certified Public Accountants. He has also served for the past fifteen years on the Financial Institutions committee of the Tennessee Society of CPAs. Mr. Rich has served on the West Tennessee Council and the Cherokee Council of the Boy Scouts of America. Mr. Rich is a Director of the National Skeet Shooting Association and co-founded the Ladies Charity Skeet Classic which in seven years raised in excess of $500,000 for St. Jude Children’s Research Hospital.



Ryan Murphy

R. Ryan Murphy III
Business Unit Group Head

Ryan Murphy is a founding executive of CapitalMark and serves as the Business Unit Group Head. Mr. Murphy is a graduate of the Graduate School of Banking of the South at Louisiana State University and holds a Bachelor of Science degree in Corporate Finance and Investment Management from the University of Alabama.

He began his banking career in 1982 with First Tennessee Bank holding various posts from assistant branch manager, correspondent banking officer and corporate banking officer. Following his tenure at First Tennessee Bank, Mr. Murphy served as a commercial banking officer for AmSouth Bank in Chattanooga and was later appointed department manager of commercial banking for the Southeast Tennessee and North Georgia region. In 2003, Mr. Murphy was selected to serve as the Chattanooga Regional President for FSGBank in Chattanooga.

Mr. Murphy is active various civic organizations in the Chattanooga community. He has previously served on the boards of the American Heart Association, Senior Neighbors of Chattanooga and Chattanooga Prison Ministries. He currently serves on the boards of the YMCA of Metropolitan Chattanooga and Teen Challenge of the Mid-South. Additionally, Mr. Murphy has worked in various capacities as a volunteer for the Cherokee Area Council for Boy Scouts of America, Chattanooga Area Chamber of Commerce and United Way of Chattanooga.


Kenny Dyer

Kenneth C. Dyer III
Banking Group President

Mr. Dyer serves as the Banking Group President. He graduated from the McCallie School and earned his Bachelor of Science Degree from the University of Tennessee at Chattanooga, where he was co-captain of the baseball team and a recipient of the Leadership Award during his tenure. Mr. Dyer graduated from the Stonier Graduate School of Banking, the Tennessee Bankers Association Advanced Commercial Lending School, and Regions Leadership University. A 33-year banking veteran, he was the former Chattanooga City President for Regions Bank. While at Regions, Mr. Dyer was named the 2005 Commercial Banking Executive of the Year for the MidSouth Region. He previously served as the Regional President of Frontier Bank. In 1978, he began his banking career as a management trainee with Pioneer Bank holding several management positions and eventually ascended to the position of President in 1998. Mr. Dyer has served on several civic boards including the Advisory Board of the University of Tennessee at Chattanooga Department of Finance, the United Way of Chattanooga, the Chattanooga Community Development Financial Institution, Chattanooga Neighborhood Enterprises, and Better Business Bureau of Chattanooga. Additionally, he was president of McCallie School Alumni Association and was an active member the UTC Alumni Council.



Pratt LewisR. Pratt Lewis
Operations & Technology Group Head

Mr. Lewis serves as Operations and Technology Group Head, joining CapitalMark in 2011 to assume this newly formed role. He received a Bachelor’s Degree in Religion from The University of the South in Sewanee, Tennessee, and a Master of Business Administration from Millsaps College in Jackson, Mississippi. Additionally, he is a graduate of the Graduate School of Banking at Louisiana State University and the Mississippi School of Banking. Mr. Lewis started his banking career as a commercial and consumer loan officer for Guaranty Bank & Trust Company in Greenville, Mississippi, in 2002. The bank grew to thirteen branches and Mr. Lewis was eventually was named Chief Information Officer, culminating his interest and aptitude for strategic planning and technology management. Outside of the bank, Mr. Lewis played an integral role in the community, serving on boards and committees of such organizations as the Greenville Area Chamber of Commerce, Greenville Rotary Club, Washington County Convention and Visitors Bureau, Cypress Hills Tennis Club, American Heart Association, and the St. Joseph Parish Finance Council. He is also the past president of the Washington County Economic Development District and the United Way of Washington County.


Jeff KovachJeffrey R. Kovach
Risk Management Group Head

Mr. Kovach acquired the role of CapitalMark’s Risk Management Group Head in April of 2013 to oversee the Bank’s compliance, audit and enterprise risk management functions. He graduated from the University of Arizona with a Bachelor of Science degree in General Business and has a Masters of Business Administration in Accounting and Auditing from Augusta College. Mr. Kovach is a Certified Public Accountant and has served previous roles as an internal auditor, controller and Chief Financial Officer for another banking institution. In addition to experience in the banking industry, Mr. Kovach is a retired Army major, having served in a multitude of positions such as Congressional Affairs Contact Officer on the Army Staff at the Pentagon and as Finance Commander and Executive Officer at Fort Bragg, North Carolina. He has previously been involved with the Catoosa Chamber of Commerce and has served on various banking committees with the American Bankers and the Georgia Bankers Associations. In 2014, Mr. Kovach became a Director for the Chattanooga Area Better Business Bureau.







July 24, 2015

CMBT Shareholders Approve Combination with Pinnacle Bank

July 16, 2015

PNFP and CMBT Extend Election Time

July 16, 2015

CapitalMark Posts $2.7 Million Record Quarterly Profit; Surpasses $1 Billion Total Assets