Home Depot Data Breach
On September 2nd, 2014, Home Depot reported that payment card information of approximately 60 million customers has been breached from transactions that occurred in stores from April 2014 until September 2014. There is no evidence at this time that the breach impacts customers who shopped online at HomeDepot.com.
CapitalMark's Advantage Forum Focuses on Small Business Owners
Chattanooga, Tennessee – September 15, 2014 – CapitalMark Bank & Trust recently announced the launch of the CapitalMark Advantage Forum, an advisory series designed to guide clients and friends on how to strategically enhance and protect their personal wealth and business success. The series is one of many ways CapitalMark seeks to provide the ultimate banking experience to clients.
The second Advantage Forum will take place on September 17th at Peerless Restaurant for the Knoxville and Oak Ridge markets and September 18th at the Mountain City Club for Chattanooga and Cleveland markets. The session will be led by keynote speaker and Managing Director of FourBridges Capital Advisors Chris Rowe on the topic Telling Your Story though Financial Projections. Rowe’s presentation will be geared toward business owners considering a transition or capital raise, knowing that buyers and investors are looking at past performance to tell a story about the future of a business. Rowe has extensive experience facilitating mergers and acquisitions, raising debt and equity and valuing companies. Rowe states, “When the time comes to seek financing, sell equity or merge your business, a company's story is best told looking forward.”
Banking Group President Kenny Dyer states, “Offering advisory resources on matters that many small business owners face over the course of their tenure is essential to our client service model. Our dedicated Banker Teams deliver tailored banking solutions coupled with superior service and consultative advice to give our clients the tools they need succeed, which is the ultimate gratification.”
About CapitalMark Bank & Trust:
CapitalMark Bank & Trust is a full-service commercial bank with four private client offices throughout East Tennessee including Chattanooga, Cleveland, Knoxville and Oak Ridge. CapitalMark’s Banker Teams serve the needs of privately owned businesses, their owners and managers, as well as professionals, executives and their families. Services offered include mortgage and trust and wealth management. For more information, please visit: capitalmark.com.
About FourBridges Capital Advisors:
FourBridges Capital is a regional investment banking firm based in Chattanooga, Tenn., that advises companies on transactions like selling and buying companies, borrowing and raising capital. FourBridges’s senior professionals draw on both expertise in investment banking and experience as C‐level executives.
Local Bankers Move to CapitalMark
Knoxville, Tennessee – August 13, 2014 – CapitalMark Bank & Trust announces the addition of a new Banker Team comprised of local bankers Josh R. Hopkins, M. Brandon Hackett and Cameron M. Puckett. The new Banker Team will be based in CapitalMark’s Knoxville office located in the historic U.S. Post Office building downtown. Hopkins, Hackett and Puckett have extensive banking experience at regional financial institutions.
CapitalMark Hires Julie McLain
Chattanooga, Tennessee – August 12, 2014 – CapitalMark Bank & Trust is pleased to announce the addition of Julie McLain to its Wealth & Trust department. McLain will report to Wealth & Trust Group Head Phil Barnes as she assists and supports all Wealth & Trust Team with onboarding and assisting all clients to ensure the ultimate client experience and satisfaction. She was previously at regional financial institution supervising wealth & trust administrative assistants and supporting the private banking division.
CapitalMark Second Quarter Earnings Remain Strong
Chattanooga, Tennessee – July 24, 2014 – CapitalMark Bank & Trust today reported earnings for the second quarter ended June 30, 2014. Net income for the six months ended was $3.3 million, an increase of 39% from the same period in 2013. Net income per fully diluted common share increased 41% from the same six month period last year to $0.41.
CapitalMark Recognized as Top Performing Bank
CapitalMark Launches the Advantage Forum
Chattanooga, Tennessee – June 9, 2014 – CapitalMark Bank & Trust announced its launch of the CapitalMark Advantage Forum, an advisory series designed to guide clients and friends how to enhance and protect their personal wealth and business success.