Capital Bank Promotes Two Senior Officers

SAN JUAN CAPISTRANO, Calif., March 6, 2017 /PRNewswire/ -- Capital Bank (OTCQB: CBJC) announces the promotion of Danna M. Murphy to Executive Vice President, Chief Operating Officer & Chief Financial Officer, and the promotion of H. Kent Falk to Senior Vice President, Orange County Regional Manager.  J.M. "Mike" Justice Jr., President & Chief Executive Officer, expressed his appreciation for the contributions that both Ms. Murphy and Mr. Falk have made for many years to the bank's success.  Ms. Murphy and Mr. Falk both have significant community banking experience, and are enthusiastic about the opportunities their expanded roles provide.

Capital Bank is dedicated to being known as the Premier Business and Professional Bank in the markets we serve by providing innovative financial solutions tailored to the needs of our customers while exceeding expectations and producing superior shareholder value that become solutions recognized for… "Banking Outside the Box".

For Additional Information visit our website at: www.mycapitalbank.com

Stock Symbol:  OTCQB: CBJC
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Information contained herein may contain certain forward-looking statements that are based on management's current expectations regarding economic, legislative, and regulatory issues that may impact the Bank's earnings in future periods. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "intend," "estimate" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could" or "may." Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, real estate values, and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting the Bank's operations, pricing, products and services. The Bank undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

SOURCE Capital Bank

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