FOR IMMEDIATE RELEASE: 4/25/2023

Rockville, MD – Capital Bank is pleased to announce that Steve Poynot, the Bank’s current Executive Vice President and Chief Operating Officer, has been promoted to the position of President of the Bank. In his new role, Mr. Poynot will have overarching responsibility for commercial banking production, credit and operations of the Bank, while continuing to report to the Chief Executive Officer, Ed Barry. Mr. Poynot will also retain his title of Chief Operating Officer.

Capital Bank’s current President and Chief Lending Officer, Scot R. Browning, will transition to President of Specialty & CRE Lending of the Bank and will report to Mr. Poynot. Mr. Browning will continue to serve on internal loan committees and have overall responsibility for CRE lending and new specialty lending lines of business. Mr. Browning will also continue to serve as a director of the Company and the Bank.

Mr. Barry, Chief Executive Officer of the Bank, said, “We are delighted to announce these transitions, and we believe that these changes will help us to continue to grow and deliver value to our shareholders, customers, and employees. Steve Poynot has been an outstanding executive and leader, and we are excited about his promotion to President of the Bank. We would like to thank Scot Browning for his service as President and Chief Lending Officer of the Bank. Scot has been and will continue to be a key driver in the future direction of the bank. His new role as President of Specialty & CRE Lending is critical for the bank as we continue to build out more lines of business. The Bank would not be where it is today without Scot’s 20 plus years of service and I look forward to his continued contributions.”

Mr. Poynot brings over 25 years of experience in business development, data and financial analysis, risk management, strategic planning, operations and information management, and technology delivery. Prior to joining Capital Bank, he served as Executive Vice President and Chief Operating Officer of F&M
Trust. While at Howard Bank, Mr. Poynot held Executive Vice President roles as Chief Information Officer and Chief Credit Officer. Mr. Poynot is responsible for managing day-to-day operations of the company, directly managing the divisional leaders for sales, credit, branch, product, and operations.

Brad Rodier, an experienced banking executive, has joined Capital Bank as Executive Vice President and Chief Lending Officer, reporting to Mr. Poynot. Mr. Rodier previously served as Commercial Market Executive, Senior Vice President at Fulton Bank and has a strong track record of helping banks grow their commercial book.

In a statement, Mr. Poynot said, “I am excited to take on this new role and continue to grow and deliver value to our customers, shareholders, and employees. I am also delighted to have Brad Rodier at the Bank, and I believe that he will be an excellent addition to our leadership team. I look forward to working with Scot Browning in his new role and benefitting from his experience and expertise.”

About Capital Bank: Capital Bank has been providing exceptional banking services since its inception in 1999. With over 25 years of experience, we have grown into a publicly traded company with more than $2.2 billion in assets as of March 31, 2023 (NASDAQ: CBNK). At Capital Bank, we pride ourselves on banking on human potential. Our commitment to human-centric banking has allowed us to make sound banking decisions based on factors beyond just what is on paper. As a member of the Federal Reserve Bank system, Member FDIC, and Equal Housing Lender, we are committed to helping our customers achieve their goals while upholding our fiduciary duty to our shareholders.

CONTACT INFORMATION:
Capital Bank, N.A.
Media Contact:
Bryon Stevens
Investor Relations
Email: [email protected]
Phone: 917-848-5896

To Our Valued Clients and Shareholders,

In light of the media attention surrounding the failures of Silicon Valley Bank (“SVB”) and Signature Bank, I want to take a moment to separate the facts from the rumors that have been circulating. First and foremost, Capital Bank and banking as a whole remains extremely safe and sound.

To that end, I would like to reinforce a few key points:

• We are well capitalized. That is the highest possible classification assigned by the regulators and they consider a bank to be “well-capitalized” when its Risk Based Capital (RBC) ratio is at least 10.0%. Our RBC is at 14.21%, as we manage our business with a considerable amount of surplus capital.

• We have a diversified deposit base made up of local businesses, individuals, board members and our own shareholders spread across many industries with no significant concentrations. Unlike other regional banks and “The Big 5”, our largest shareholders have entrusted the bank with significant deposits.

• We have zero securities that are classified as “held to maturity”; therefore, the current value of all our bonds is fully reflected on our balance sheet. Said differently, all of our customers and shareholders have complete visibility into our investment portfolio.

• Our commercial bank focuses primarily on lending to local businesses. And while we pride ourselves as being tech savvy, we don’t extend credit to risky start-up tech companies. We have zero exposure to anything crypto, zero coins, zero exchanges, and definitely zero monkey NFTs. Zero.

• We, like almost every bank, big and small, own bonds. But those bonds represent a small fraction of our balance sheet, roughly 11% (SVB was over 50%). Our portfolio of bonds is well balanced by design. This reduces our risk when interest rates rise, and it permits us the flexibility to stay nimble in uncertain times.

• Today, and 364 other days of the year, we are here to support you and your business needs. And if you want to chat about deposits, we are ready to talk. If you have concerns about your balances in excess of the FDIC insured limit, we have some smart tools from our vendors that allow you to ensure that all of your deposits are FDIC insured.

Let us know how we can be helpful. If you have questions about your accounts or other relationships, we’re here to assist you. Our teams are standing by.

Sincerely,

Ed Barry, CEO

How can we help?
Email: [email protected]
Call: 301-468-8848
Visit a Branch

Capital Bank is pleased to announce that Community Lending Branch Manager Lola Pol has won one of the highest awards in the banking industry—the ABA Foundation’s 2022 George Bailey Distinguished Service Award.

ROCKVILLE, Md., Oct. 04, 2021 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (NASDAQ: CBNK), the holding company for Capital Bank, N.A., is pleased to announce that it has been named to the Piper Sandler Bank & Thrift Sm-All Stars for the third consecutive year, being recognized in the Class of 2021.

The Sm-All Stars identifies the top performing small-cap banks and thrifts in the country, with a mission to uncover “the next crop of stellar mid-cap banks before they are discovered by the rest of the world.” Among the criteria needed to earn this distinction are market cap below $2.5B, a demonstrated ability to clear hurdles related to growth, profitability, credit quality, and capital strength, and the ability to out-perform in four key metrics.

Capital Bank is the fifth largest bank headquartered in Maryland, with bank branches in five locations in greater Washington, D.C., Northern Virginia and Baltimore, Maryland area. With a focus on the small business sector, Capital Bank has seen significant growth since inception in 1999, with $2.2 billion in assets as of June 30^th, 2021.

“We are honored to have earned this recognition for the third year in a row,” says Edward Barry, Chief Executive Officer at Capital Bank. “This is an achievement that I share with all of our employees. The recognition is testament to our collective commitment to execute against our business strategy as we marry together the personalized element of human interaction with technology, enabling Capital Bank to meet the changing needs of our customers.”

ABOUT CAPITAL BANCORP, INC.
Capital Bancorp, Inc., Rockville, Maryland is a registered bank holding company incorporated under the laws of Maryland. The Company’s wholly-owned subsidiary, Capital Bank, N.A., is the fifth largest bank headquartered in Maryland at June 30, 2021. Capital Bancorp has been providing financial services since 1999 and now operates bank branches in five locations in the greater Washington, D.C. and Baltimore, Maryland markets. Capital Bancorp had assets of approximately $2.2 billion at June 30, 2021 and its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.” More information can be found at the Company’s website www.CapitalBankMD.com under its investor relations page.

FINANCIAL CONTACT: Alan Jackson (240) 283-0402

MEDIA CONTACT: Ed Barry (240) 283-1912

WEB SITE: www.CapitalBankMD.com

ROCKVILLE, Md., June 23, 2021 (GLOBE NEWSWIRE) — Capital Bank, N.A., has been named a 2021 winner of the Nintex Solution Innovation Award in the “Business Continuity” category. Nintex selected Capital Bank for its innovative response in digitally transforming its SBA application process, leveraging existing technologies in new ways to create a secure, end-to-end automated solution to support the launch of the Paycheck Protection Program (PPP) – offering a lifeline to small businesses during the pandemic.

“This recognition from Nintex is deeply meaningful for us,” said Capital Bank CEO Edward Barry. “Helping small businesses navigate PPP and secure the capital they needed to survive during the pandemic was uniquely challenging yet extremely rewarding for our entire team. It took every ounce of our energy, while requiring rapid innovation in our technology, operations and customer service processes.”

Capital Bank responded immediately during the COVID-19 pandemic to aid small businesses seeking a U.S. Small Business Administration (SBA) PPP loan. In only five days, the bank created an efficient solution that included an easy-to-use portal to which PPP applicants could upload their SBA-required documentation.

The application process proceeded at an emergency pace even as SBA developed and refined the program’s procedures and technology, requiring Capital Bank staff to quickly adapt to help PPP applicants successfully submit their documentation to the SBA for loan authorization.

After the first round of PPP funding was exhausted, the bank pivoted quickly for the second round, implementing lessons learned from the first round, automating workflow and making the application process even more seamless for customers. By the end of 2020 Capital Bank ended up helping a total of 1,255 small businesses secure $239 million in PPP loans, supporting more than 37,000 employees.

“We demonstrated through our innovative performance that we are here for small business owners no matter what,” added Barry.

Nintex Solution Innovation Award winners were selected by a panel of judges based on nominations submitted by Nintex customers or Nintex partners, on behalf of a customer, for process solutions they designed and implemented.

“Each year we are inspired by the incredible impact customers and partners are achieving around the world driving digital transformation across their organizations by leveraging Nintex capabilities,” said Nintex Chief Executive Officer Eric Johnson. “Nintex is honored to recognize Capital Bank as a 2021 Nintex Solution Innovation Award winner for its success in improving the way people work with the Nintex Process Platform.”

About Capital Bank
Capital Bank, N.A., is the fifth largest bank headquartered in Maryland at March 31st, 2021. The Bank has been providing financial services since 1999 and now operates branches in four locations in the greater Washington, D.C./Baltimore metro area. The Bank is a wholly-owned subsidiary of Capital Bancorp, which had assets of approximately $2.1 billion at March 31st, 2021; its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.”

About Nintex Solution Innovation Awards
Nintex Solution Innovation Awards recognize Nintex customers in every industry and geography for their digital transformation success with the Nintex Process Platform. To learn more about the Nintex Solution Innovation Awards and to see the complete list of winning organizations, visit https://www.nintex.com/solution-innovation-awards-2021/.

Media Contact:
Kathy Fowler
On The Marc Media
410 963-2345
[email protected]

ROCKVILLE, Md., May 20, 2021 (GLOBE NEWSWIRE) — Capital Bank, N.A., is advancing its high-tech human-touch approach with the introduction of an end-to-end digital mortgage application and e-closing experience for its customers of Capital Bank Home Loans. The Bank continues to invest in technology to ensure that the process of applying for a mortgage is smoother and more convenient than ever before, allowing applicants to start and complete their home loan journey from the comfort of their couch, their home office, or from their preferred mobile device regardless of where they are.

“We are always looking for new opportunities to provide value to our customers and ever more so in the pandemic,” explained Capital Bank CEO Edward Barry. “We’re continuing to push our investment in high tech to provide our home loan customers the ability to close remotely.”

One of those tools is an integrated solution that delivers an online, paperless initial eDisclosure and e-closing experience aligned with Capital Bank’s brand and customer-centric community banking philosophy. It supports Remote Online Notarization (RON) and includes a full library of electronic- or e-enabled documents allowing borrowers to sign their mortgage closing paperwork electronically from virtually anywhere.

Capital Bank is creating a start-to-finish digital mortgage experience that includes full support from a dedicated loan originator. Customers will be able to say goodbye to the confusion and chaos that often accompany mortgage closings. All of Capital Bank’s technology works on any device, and brings ease, order and time savings to the home loan process for customers.

“We’ve always combined advanced technology with superior human customer service. It’s our own special way of doing business,” said Barry. “Our forward-looking digital strategy really turns the electronic workarounds spurred by the pandemic into a long-term approach that makes everyday life easier, more efficient and more comfortable for customers. Why ‘return to normal’ when we can deliver a more optimal future using digital tools?”

About Capital Bank
Capital Bank, N.A., is the fifth largest bank headquartered in Maryland at March 31st, 2021. The Bank has been providing financial services since 1999 and now operates branches in four locations in the greater Washington, D.C./Baltimore metro area. The Bank is a wholly-owned subsidiary of Capital Bancorp, which had assets of approximately $2.1 billion at March 31st, 2021; its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.”

The recognition highlights the Bank’s continued growth even through challenging economic times.

Capital Bank, N.A., was recently named among the top 100 best-performing community banks with assets under $3 billion in the U.S. for 2020 by S&P Global Market Intelligence. Capital Bank was the only community bank in Maryland, D.C., or Virginia to make the list in this category.

“We’re elated about this recognition,” said Capital Bank CEO Edward Barry. “It spotlights what we already knew internally, which is that even through COVID challenges last year the Bank, and the people who work here, continue to push to bring on new solutions and partnerships and provide value for our customers and businesses in our community.”

S&P Global Market Intelligence used a variety of metrics in calculating its rankings, and noted that Capital Bank last year had total assets (excluding PPP loans) of $1,646.1; return on average tangible common equity (ROATCE) of 27.57%; an efficiency ratio of 68.36; net interest margin of 5.16%; operating revenue growth of 58.5%; leverage ratio of 7.46%; and nonperforming assets or loans 90-plus days past due (as of Dec. 31, 2020) of 0.69%.

“Our distinctive ‘high-tech, human touch’ brand of digitization really helped set us apart and power us toward greater performance,” added Barry. “The way we combine technology with personalized client service played a big role in attracting 46% of our original Paycheck Protection Program (PPP) borrowers back to us for help submitting a second PPP application this year. The Capital Bank experience is designed to nurture long-term customer relationships — and the results of that approach show up in our numbers.”

About Capital Bank

Capital Bank, N.A., is the fifth largest bank headquartered in Maryland at December 31^st, 2020. The Bank has been providing financial services since 1999 and now operates branches in five locations in the greater Washington, D.C./Baltimore metro area. The Bank is a wholly-owned subsidiary of Capital Bancorp, which had assets of approximately $1.9 billion at December 31^st, 2020; its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.”

Getting recognized two years in a row shows the Bank’s ongoing commitment to being a workplace where employees thrive.

ROCKVILLE, Md., Oct. 29, 2020 (GLOBE NEWSWIRE) — For the second year in a row, American Banker named Capital Bank, N.A., one of the “Best Banks to Work For” in the U.S. Commercial and retail banks are considered for the American Banker accolade after extensive employee surveys and employer reports on benefits and policies, one of the main criteria being the creation of a workplace that elevates employees’ personal and professional growth.

“We strive to make sure our work environment and culture bring out the best in every one of us,” said Eric Suss, Executive Vice President, Chief Human Resources Officer at Capital Bank. “That’s why we built in flexibility, paid time off and a collaborative work style into our policies and procedures, to reinforce and reward that peak-performance mindset.”

Suss added that employees also value Capital Bank’s brand of servant leadership, dedication to clients, and daily opportunities to exercise creativity in helping solve clients’ problems. “Every member of our team knows they’re engaged in truly meaningful work,” added Suss.

“Our company culture is the key to our success,” said Capital Bank CEO Edward Barry. “At Capital Bank, we are each an important member of the team, and it’s that shared philosophy and camaraderie that empowers us to achieve the unthinkable for our clients.”

Capital Bank has over 250 employees across the Washington, D.C., metropolitan area up to Pennsylvania. Added Suss: “We are thrilled that Capital Bank earned American Banker’s “Best Bank to Work For” for a second consecutive year, and we look forward to continuing to nurture our entrepreneurial, think-outside-the-box culture that has been so impactful for our employees, company and clients.”

About Capital Bank
Capital Bank, N.A., is the fifth largest bank headquartered in Maryland. The Bank has been providing financial services since 1999 and now operates branches in five locations in the greater Washington, D.C./Baltimore metro area. The Bank is a wholly-owned subsidiary of Capital Bancorp, which had assets of approximately $1.9 billion at September 30, 2020; its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.”

About Best Banks to Work For
The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction. Determining the Best Banks to Work For involves an evaluation of participating companies’ workplace policies, practices, and demographics, as well as employee surveys that assess the experiences and attitudes of individual employees with respect to their workplace. The program is open to commercial banks, thrifts, savings banks and other chartered retail financial institutions with at least 50 employees in the U.S. Best Companies Group managed the overall registration and survey process, analyzed the data, and used their expertise to determine the final ranking. Full results of this year’s program are available at American Banker and in the November issue of American Banker Magazine.

Media Contact:
Kathy Fowler
On The Marc Media
410 963-2345
[email protected]

To view the press release, please go here

ROCKVILLE, Md., Oct. 28, 2020 (GLOBE NEWSWIRE) — Maryland-based Capital Bank, N.A. is pleased to announce the appointment of Robert M. Kottler and Casey Berman to its Board of Directors.

“Bob Kottler is an exceptional complement to our Board as he brings a wealth of experience in the retail and small business sectors to the Bank, especially in the technology space,” says Edward Barry, Chief Executive Officer at Capital Bank. “In fact, Bob is a natural fit for us, he has deep experience as an operating executive scaling all aspects of a business. His technology and fintech expertise will prove to be a big asset.”

Bob Kottler is Executive Vice President of Whiteclay, a leading provider of banking software and solutions company, after a 37-year banking career. In this role, he is responsible for regional bank relationships and partnership opportunities.

Prior to Whiteclay, Kottler was Executive Vice President and Director of Retail, Small Business and Mortgage for Iberia Bank. He was responsible for the retail segment, including digital sales and service, direct bank and call centers, retail operations, product management, payments including debit and credit cards, branch support, small business and mortgages.

Previous roles include Executive Vice President for Small Business Banking for Capital One Bank, and Senior Executive Vice President and Chief Sales Support Officer at Hibernia Corporation.

Casey Berman is the Founding Partner and Managing Director of Camber Creek. He founded Camber Creek in 2011 to bring technology to the real estate industry.  Casey leads the due diligence process for potential investments, makes investment decisions and participates in the management of portfolio companies. Prior to Camber Creek, Casey was President of Operations for one of Washington DC’s largest privately held real estate development and management companies.

“We’re very excited about the addition of Casey Berman as a Board member.  He brings a wealth of experience as a venture capitalist focused on real estate and the fintech space.  His ability to identify emerging technologies and potential partnerships will serve us well as we continue executing on our technology led strategy.”

About Capital Bank, N.A.
Capital Bank is a wholly owned subsidiary of Capital Bancorp, Inc., and is the seventh largest bank headquartered in Maryland at March 31, 2020.  Capital Bank has been providing financial services since 1999 and operates bank branches in five locations in the greater Washington, D.C., Northern Virginia/ Baltimore metro area.  Specializing in adapting traditional and current digitally based banking products to solve its customers’ most pressing needs and providing personalized services; Capital Bancorp had assets of approximately $1.8 billion at June 30, 2020 and its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.”

FINANCIAL CONTACT: Alan Jackson (240) 283-0402

MEDIA CONTACT: Ed Barry (240) 283-1912

To view the press release, please go here

ROCKVILLE, Md., Oct. 02, 2020 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (NASDAQ: CBNK), the holding company for Capital Bank, N.A. is pleased to announce it has been named to the Piper Sandler Bank & Thrift Sm-All Class of 2020.

The Sm-All Stars identifies the top performing small-cap banks and thrifts in the country, with a mission to uncover “the next crop of stellar mid-cap banks before they are discovered by the rest of the world.” Among the criteria needed to earn this distinction are market cap below $2.5B, a demonstrated ability to clear hurdles related to growth, profitability, credit quality, and capital strength, and the ability to out-perform in four key metrics.

Capital Bank is the seventh largest bank headquartered in Maryland, with bank branches in five locations in greater Washington, D.C., Northern Virginia and Baltimore. With a focus on the small business sector, Capital Bank has seen significant growth since inception in 1999, with $1.8 billion in assets.

“We are honored to have earned this recognition for the second year in a row,” says Edward Barry, Chief Executive Officer at Capital Bank. “The award is testament to our commitment to partner with our customers, and our ability to pivot and personalize our solutions to their specific needs. We look forward to another year of continued success as we execute against our business strategy.”

ABOUT CAPITAL BANCORP, INC.
Capital Bancorp, Inc., Rockville, Maryland is a registered bank holding company incorporated under the laws of Maryland. The Company’s wholly-owned subsidiary, Capital Bank, N.A., is the seventh largest bank headquartered in Maryland at March 31, 2020. Capital Bancorp has been providing financial services since 1999 and now operates bank branches in five locations in the greater Washington, D.C. and Baltimore, Maryland markets. Capital Bancorp had assets of approximately $1.8 billion at June 30, 2020 and its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.” More information can be found at the Company’s website www.CapitalBankMD.com under its investor relations page.

FINANCIAL CONTACT: Alan Jackson (240) 283-0402

MEDIA CONTACT: Ed Barry (240) 283-1912

To view the press release, please go here