We are more than a transactional bank, we’re a partnership bank. We are as invested in our clients’ growth and stability as we are in our own.
Rockville, MD (PRWEB) June 23, 2015
Capital Bank, N.A. has been recognized as a top-performing bank in the nation. American Banker Magazine ranked Capital Bank in the top one percent among all public and private banks in the U.S. with assets totaling up to $2 billion—ranking the Washington, DC metro area bank at 56 out of 5000 in its category and placing it first in the region. The rankings, released in May, underscore Capital Bank’s accomplishments in 2014, ending a year of double-digit asset growth—the third in a row—with more than $600 million in assets.
“This is an exciting year for us,” says Ed Barry, CEO of Capital Bank, N.A. “I am proud of the team’s hard work and commitment to our clients that has resulted in this recognition.”
Since the beginning of 2015, Capital Bank has been ranked as a Top 100 best performing community bank in the U.S. in its asset class by SNL Financial, and named a “Future 50” fast-growth, mid-size company to watch in the Greater Washington, DC area by SmartCEO magazine. Capital Bank’s core commercial lending business also has been noted by the U.S. Small Business Administration as ninth in the nation for both number and size of SBA loans administered—outranking larger community and nationwide banking institutions.
For the American Banker Magazine rankings, Capital Performance Group analyzed financial data based on regulatory financials, ranking institutions in three categories—community banks (less than $2 billion in assets), midsize banks ($2 billion to $10 billion in assets) and large banks ($10 billion to $50 billion). High performers were approximately the top 10 percent of banks within each category, based on a three-year average return on equity from 2012 to 2014.
Capital Bank has concentrated its growth on the very things that the banking industry sees as integral to high performers. Capital Bank’s growth is scaled to the communities it serves in the DC metro area, and to measured growth into nearby regions. Investment has been in systems and solutions to support loan and core deposit growth, particularly by increasing technology and expert staff while keeping brick-and-mortar branches to a minimum. The bank’s double-digit asset growth over the past three years exceeds the median revenue growth of its peers, and is based on a diversified portfolio that includes mortgage loans and a consumer credit division.
The focus of the bank’s growth has been on capturing a large share of the small- and mid-size business banking in its geographical market. In addition to commercial loans, Capital Bank offers flexible solutions and highly personalized services that attract area business clients. As a dynamic, growing company itself, Capital Bank understands the needs of businesses in growth mode. The bank develops products and services ranging from customized deposit technology to expert business bankers, meeting current client needs across many industries— commercial real estate, government contracting, health services, hospitality, nonprofit organizations and professional services—as well as preparing businesses for the future.
The bank has attracted top talent, with two loan officers from its Home Loans division recently recognized as among the top 50 mortgage originators in America by Mortgage Executive Magazine, with team member Brian Blonder ranked number 10 in the country and Brad Cohen ranked at 47. A new hire is industry heavy-hitter Anthony (“Tony”) J. Pica as Senior Vice President, Commercial Lending. Pica oversees three teams that provide financing and cash management solutions for middle-market size companies throughout the Washington, DC metropolitan area. He will be also working with the bank’s senior leadership to expand services into the Chesapeake and Northern Virginia regions.
“We remain committed to continued growth, and recognize that our success is directly related to our clients,” says Barry. “We are more than a transactional bank, we’re a partnership bank. We are as invested in our clients’ growth and stability as we are in our own.”
About Capital Bank
Capital Bank, N.A., is a leading private bank in the Washington, D.C. metropolitan area that offers a range of services encompassing cash management, commercial lending, consumer credit and residential mortgage/Veterans Administration home loans. Capital Bank’s core commercial banking and lending business includes two rankings by the U.S. Small Business Administration (SBA), ranked number two among community lenders and in the top ten among all lenders in the Washington Metropolitan District for loan volume for Fiscal Year 2014. Capital Bank was also ranked #30 in the Top 100 banks with assets of $0.5-5 billion in the U.S. and first in the Washington, DC metropolitan region by SNL Financial. With double-digit asset growth over the past three years, Capital Bank has more than $600 million in assets and is well positioned to fulfill its culture of collaborative partnerships and solutions for area businesses and consumers nationwide. For more information, visit http://www.capitalbankmd.com. Member FDIC. An Equal Housing Lender.
CAPITAL BANK, PARTNERS IN YOUR VISION