| Business Summary | | Capital
Bank
Corporation
is
the
holding
company
for
its
wholly
owned
subsidiary,
Capital
Bank
(the
Bank).
The
Bank
is
a
locally
owned
community
bank
engaged
in
the
general
commercial
banking
business
in
Wake,
Chatham,
Northampton,
Granville,
Warren
and
Lee
Counties,
North
Carolina.
The
Bank
offers
a
full
range
of
banking
services,
including
checking
accounts,
savings
accounts,
NOW
accounts,
money
market
accounts,
certificates
of
deposit,
loans
for
real
estate,
businesses,
agriculture,
personal
uses,
home
improvement
and
automobiles,
equity
lines
of
credit,
credit
cards,
individual
retirement
accounts,
safe
deposit
boxes,
bank
money
orders,
electronic
funds
transfer
services
including
wire
transfers,
traveler's
checks
and
free
notary
services
to
all
Bank
customers.
In
addition,
the
Bank
provides
automated
teller
machine
(ATM)
access
to
its
customers
for
cash
withdrawals
through
nationwide
ATM
networks. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CBKN
is
a
bank
holding
company
engaged
in
general
commercial
banking,
providing
a
full
range
of
banking
services.
For
the
six
months
ended
6/30/01,
interest
income
rose
29%
to
$13.6
million.
Net
interest
income
after
loan
loss
prov.
increased
17%
to
$5.1
million.
Net
income
rose
37%
to
$1.3
million.
Net
interest
income
reflects
increased
average
interest
earning
assets,
partially
offset
by
higher
interest
expenses.
Earnings
reflect
higher
service
charges
and
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| O. Keller, III, 56 Chairman | -- | James Beck, 48 Pres,
CEO | $225K | Allen Nelson, Jr., 51 CFO,
Sr. VP, Sec. | 140K | Franklin Shell, 42 Sr.
VP, and Sr. Credit Officer | 137K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|