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 31st, 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 31st, 2020; its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.”