capital bank/san juan capist (CBJC) Snapshot

Capital Bank (San Juan Capistrano, CA) announced earnings results for the first quarter of 2013. For the period, the company marked by record pre-tax earnings, exceptional loan growth and continued asset expansion. Pre-tax income swelled 251% to $619,000 compared to 2012 pre-tax income of $176,000. The bank became taxable for book purposes last year and recognized $270,000 in tax expense for the quarter, producing net after-tax income of $349,000. Company's pre-tax return on average assets (ROA) of 1.73% and return on average equity (ROE) for shareholders of almost 14%.

Capital Bank announced that H. Kent Falk has joined the Bank as Senior Vice President & Credit Administrator.

Capital Bank (San Juan Capistrano, CA) announced earnings results for the full year ended December 31, 2012. For the year, pre-tax income ballooned 80% to almost $2 million compared to 2011 pre-tax income of $1.1 million. The company produced net after tax income of $1.1 million for the year. Pre-tax return on average assets (ROA) of almost 1.6% and return on average equity (ROE) for shareholders of almost 13% is highly satisfactory and significantly outperforms peers.