CapitalMark Records 17th Consecutive Quarterly Profit
“We are pleased to report 17 consecutive quarters of positive earnings. Few banks can stake this claim post-financial crisis. Despite a weak economy and a competitive banking landscape, CapitalMark delivered a 21% increase in loans, demonstrating our ability to continue to build core earnings capacity,” said R. Craig Holley, CapitalMark’s Chairman, President and CEO.
CapitalMark Announces Banker Team Acquisition
Knoxville, Tennessee – March 15, 2013 – CapitalMark Bank & Trust announces the appointment of a new Banker Team led by local bankers Bryant A. LeCroy, J. Ryan White and Robert “Bob” L. Johnson who are based in CapitalMark’s office in the historic post office building downtown. LeCroy, White and Johnson have extensive banking experience with almost 50 years’ experience collectively and most recently worked together in the business banking group of a regional bank with Knoxville offices.
CapitalMark Reports Record Earnings
lisa warren joins capitalmark
CapitalMark Highlighted as Top Performer
Director Charlie Brock to Lead Launch Tennessee
Director Charlie Brock has been named President and CEO of Launch Tennessee. The company, based in Nashville, aids and accelerates the development of high-growth companies across the state of Tennessee. Click here to read the full press release by FourBridges Capital Advisors.
CapitalMark Posts Record $2 Million Quarter Profit
Chattanooga, Tennessee – October 4, 2012 – CapitalMark Bank & Trust today reported record earnings of $2.0 million for the third quarter ended September 30, 2012, and $5.4 million year-to-date, a record nine-months’ performance for the bank since its inception in 2007.
CapitalMark Earns 5-Star Rating for 6th Consecutive Quarter
October 2012: CapitalMark Bank & Trust proudly announces it has once again received a Superior 5-Star rating from BAUERFINANCIAL, Inc., the nation’s leading bank rating and research firm. A 5-Star rating signifies that CapitalMark Bank & Trust is one of the strongest banks in the nation.
CapitalMark Records 14th Consecutive Quarterly Profit
Chattanooga, Tennessee – July 18, 2012 – CapitalMark Bank & Trust today reported earnings of $1.9 million for the second quarter ended June 30, 2012.
“We are pleased to report our 14th consecutive profitable quarter, a notable achievement in light of the sustained economic and regulatory hurdles facing our industry. Although CapitalMark’s earnings were supported by a one-time securities gain, our pre-tax income excluding the gain reflects growth of 9% for the quarter and 27% year-to-date when compared to the same periods last year. Our continued balance sheet growth places CapitalMark at a record $740 million in total assets. While we maintain steady growth, I want to underscore our conservative management reflected in the bank’s favorable credit quality metrics,” said R. Craig Holley, CapitalMark’s Chairman, President and CEO.
CapitalMark Lands 5-Star Rating for 5th Consecutive Quarter
June 2012: BauerFinancial, Inc., the nation’s leading bank rating and research firm, is proud to recognize CapitalMark Bank & Trust as a 5-Star Superior bank. A 5-Star rating indicates that CapitalMark is one of the strongest banks in the nation. To earn this prestigious 5-Star rating, CapitalMark must excel in areas of capital quality, asset quality, profitability and much more. In fact, CapitalMark Bank & Trust has earned this 5-Star Superior rating for the latest 5 consecutive quarters.
CapitalMark Announces Capital Raise for Expansion
Chattanooga, Tennessee – June 5, 2012 – CapitalMark Bank & Trust announced today that the Board of Directors authorized a common stock offering of up to $10 million or 800,000 shares at an offering price of $12.50 per share. The stock will be available for purchase by existing shareholders and new investors beginning Monday, June 11th. CapitalMark is offering the stock primarily to fund its expansion, leading with new offices in Cleveland and Oak Ridge, Tennessee.