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Capital Bank Corp. (CBKN) is in the Financial Services Industry

Revenue
Dec 31 2007
$103.4M
Profit
Dec 31 2007
$7.8M
Market Cap
Aug 19 2008
$115.0M

Latest News and Analysis

Additional Resources

  • Second Quarter 2008 Earnings Conference Call

    SANTIAGO, Chile -- Banco de Chile (NYSE:BCH), a full-service financial institution and largest Chilean-Capital bank, will hold its quarterly conference call to discuss second quarter results on Friday, August 8, 2008, at 12:00 p.m. Eastern Time. This call is being webcast by Thomson Financial and can be accessed...

    Articles 2008-08-05

  • BPL Global Receives $23 Million in Funding

    Investors include Morgan Stanley, IFA Group, Novitas Capital, El Dorado as well as a new partner PITTSBURGH, Aug. 5 /PRNewswire/ -- BPL GlobalR, Ltd. BPLG, a smart grid technology company dedicated to leading the transformation of energy and information delivery, has received $23 million in funding, consisting...

    Articles 2008-08-05

  • Northern States Financial Reports Mixed Second Quarter Results

    Northern States Financial Corporation (NASDAQ: NSFC), holding company for NorStates Bank, a FDIC-insured financialinstitution, today reported that, despite a 24 percent increase to its netinterest income for the second quarter ended June 30, 2008, an increase inits provision for loan losses resulted in the Company recording a net lossfor the...

    Articles 2008-07-30

  • Redwood Capital Bancorp Reports Robust Earnings While Increasing Reserves

    EUREKA, Calif. -- On July 30, 2008, REDWOOD CAPITAL BANCORP (OTCBB:RWCB), the holding company for Redwood Capital Bank, announced unaudited consolidated financial results for the three month period ended June 30, 2008. The company reported robust earnings while continuing to increase its loan loss reserves. John Dalby, President...

    Articles 2008-07-30

  • Capital Bank Offers Multi-Million Dollar Federal Deposit Insurance Coverage on CD Investments

    RALEIGH, N.C., July 30 /PRNewswire-FirstCall/ -- Beginning this week, Capital Bank customers have the ability to access multi-million dollar Federal Deposit Insurance through Capital Bank. With the Certificate of Deposit Account Registry Service, or CDARS (pronounced 'cedars'), Capital Bank provides customers with the opportunity for a risk-free...

    Articles 2008-07-30

  • Farmers Capital Bank Corporation Announces Quarterly Dividend

    FRANKFORT, Ky., July 29 /PRNewswire-FirstCall/ -- Farmers Capital Bank Corporation (the "Company") announced yesterday that its Board of Directors approved a quarterly cash dividend on the Company's common stock of $0.33 per share. This represents an annualized yield of 4.7% based on the closing price of $28.19 on...

    Articles 2008-07-29

  • Commentary: Bad economic days here to stay

    America finally got straight economic talk from an administration official, when Treasury Secretary Henry Paulson warned that any economic recovery is not within sight. In fact, he said, troubled times lie ahead. Paulson acknowledged the obvious: The banking industry is in shambles, oil prices are...

    Articles 2008-07-25

  • People's Bank Reports Earnings

    MEDFORD, Ore. -- People's Bank of Commerce (OTCBB:PBCO), southern Oregon's only locally owned community bank, remains the highest capitalized bank in southern Oregon with capital exceeding 13.5%, despite earnings challenges caused by the real estate and housing slowdown. The slowdown caused the bank to report only $3,500 net profit for...

    Articles 2008-07-23

  • CBRE Capital Markets arranges $48m acquisition financing for Hampshire

    Michael Sherman, senior vice president, along with Efrat Sharon, vice president, both of CBRE's Capital Markets group in New York City have secured a $44.8 million loan on behalf of Hampshire Partners Fund VII, L.P. for the financing of certain assets of Fund VII's Portfolio. The loan, financed...

    Articles 2008-07-16

  • First Bank Reports Record Asset and Deposit Growth

    First Bank (OTCBB: FRBA), Williamstown,New Jersey, today announced its growth of assets, loans and deposits afterfourteen months of operations. Assets totaled $31.7 million at June 30,2008, which represented a 58.5% increase over December 31, 2007. Loansoutstanding were $26.0 million at the end of the quarter, an increase...

    Articles 2008-07-09

  • Home Solutions of America, Inc. Completes Repayment of Bank Debt Ahead of Previous Schedule

    Also Announces Sale of PW Stephens Subsidiary and Increased Investment by Chairman and Large Independent Shareholder DALLAS -- Home Solutions of America, Inc. (Pink Sheets:HSOA), a commercial, institutional and infrastructure construction company serving the private and public sectors, announced today that on July 3, 2008,...

    Articles 2008-07-09

  • EnerJex Resources Completes $50 Million Senior Credit Facility

    EnerJex Also Amends Its Remaining Debentures, Reduces Debt Costs, Extends Production Hedges for an Additional 18 Months and Announces the Effective Date for a 1-for-5 Reverse Stock Split OVERLAND PARK, Kan. -- EnerJex Resources, Inc. (OTCBB:EJXR) ("EnerJex" or the "Company") announced today the closing of...

    Articles 2008-07-08

  • Fitch Affirms Cablevision's IDR at 'B+'; Revises Rating Outlook to Stable

    CHICAGO -- Fitch Ratings has affirmed the 'B+' Issuer Default Rating IDR assigned to Cablevision Systems Corporation CVC and its wholly owned subsidiary CSC Holdings, Inc. CSC and has revised its Rating Outlook to Stable from Negative. In addition, Fitch has affirmed specific issue ratings and recovery...

    Articles 2008-07-02

  • Texas Capital Bancshares Announces Q2 2008 Earnings Conference Call & Webcast

    DALLAS -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, will hold a conference call and webcast to discuss second quarter results on Wednesday, July 16, 2008 at 5:00 p.m. EDT. The related press release will be issued at 4:00 p.m. EDT....

    Articles 2008-07-01

  • ETRADE FINANCIAL Corporation Announces Second-Quarter 2008 Earnings Conference Call

    Company Comments on Retail Business Trends and Updates Progress of Parent Company Debt Reduction NEW YORK -- E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today announced that it will report its second-quarter 2008 financial results after the close of the U.S. financial markets on Tuesday, July 22,...

    Articles 2008-06-30

  • Oxford Bank Enters into Formal Agreement with Regulatory Agencies

    OXFORD, Mich., June 30 /PRNewswire-FirstCall/ -- Oxford Bank, a subsidiary of Oxford Bank Corporation (BULLETIN BOARD: OXBC) , announced today that it has entered into a formal agreement with the Federal Deposit Insurance Corporation and the State of Michigan Office of Financial and Insurance Regulation....

    Articles 2008-06-30

  • Will Barclays' recapitalisation be enough to ride out the storm?

    OUTLOOK With the HBOS rights issue in danger of being left with the underwriters, it is hardly surprising that Barclays has opted for the strategic-investor approach to new capital. On the face of it, the 4.5bn being provided by a combination of Middle...

    Articles 2008-06-26

  • Alpine Capital Bank Finances First Pete Dye Golf Course in New York

    NEW YORK, June 24 /PRNewswire/ -- Alpine Capital Bank is pleased to have had the opportunity to provide construction and permanent financing for the first Pete Dye designed golf course in New York. The Pound Ridge Golf Club will open to the public on June...

    Articles 2008-06-24

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  • Incorporated: 1997
  • CEO: Mr. B. Grant Yarber
  • Employees: 311

Capital Bank is a financial holding company. Co.'s primary function is to serve as the holding company for its wholly-owned subsidiaries, Capital Bank and Capital Bank Investment Services, Inc. In addition, Co. has interest in three trusts, Capital Bank Statutory Trust I, II and III. In addition to its corporate office, Co. has five branch offices in Raleigh, four in Burlington, three in Sanford, three in Asheville, two in Cary, two in Graham, and one each in Siler City, Oxford, Wake Forest, Greensboro, Zebulon, Hickory, Mebane and Pittsboro. As of Dec 31 2007, Co. had total assets of approximately $1.52 billion and total deposits of approximately $1.10 billion.

Key Competitors

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Capital Bank Corp. Company Info

Board of Directors

Mr. O. A. Keller III

Chairman

Mr. Robert L. Jones

Mr. Richard H. Shirley

Mr. J. Rex Thomas

Mr. Samuel J. Wornom III

Mr. Leopold I. Cohen

Mr. Ernest A. Koury Jr.

Mr. George R. Perkins III

Mr. Carl H. Ricker Jr.

Mr. B. Grant Yarber

Mr. Charles F. Atkins

Mr. Oscar A. Keller Jr.

Mr. James G. McClure Jr.

Mr. James D. Moser Jr.

Mr. Don W. Perry

Mr. James A. Barnwell Jr.

Mr. John F. Grimes III

Contact Information

4901 Glenwood Avenue

Raleigh, NC

http://www.capitalbank-nc.com

919 645-6400

NAICS Code

Commercial Banking: 522110
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