CapitalMark Highlighted As Top Performer

Friday, January 11, 2013

CapitalMark Bank & Trust has been featured as a bank to watch by American Banker, a highly-respected industry publication.   

The article was authored by Andy Peters and highlights four “banks to watch” from the 2007-8 de novo banking group, or banks that opened their doors just ahead of the financial crisis.  The article notes that regulators approved 291 charters for new banks during that time.  More than half of this group posted losses in 2010 and 54 banks are no longer operating.   

To contrast, CapitalMark reported its 15th consecutive quarter of increased earnings in September 2012 and within the past year, has expanded to serve four East Tennessee markets to include Chattanooga, Cleveland, Knoxville and Oak Ridge.  The full article may be viewed at www.capitalmark.com.

“We are pleased to be recognized for our performance, which is especially notable in light of on-going economic and regulatory pressures," said Kenny Dyer, CapitalMark’s Banking Group Head.  "Our success is directly attributed to our top caliber Banker Teams which are aligned one-on-one to each client for a highly advisory banking experience.  It is further confirmation that CapitalMark’s success story is one that resonates with clients and industry experts alike.  We fully anticipate that our model and talented team have created a strong foundation for the bank’s future success.”



Birmingham’s Good People Brewing To Expand Into Central Tennessee

Good People Brewing Company in Alabama, announced it will begin selling its selection of beers in central Tennessee. Partnering with Hand Family Companies, the Birmingham-based brewery will expand into Chattanooga, Clarksville and Cookeville.  “We’ve got a lot of love for Tennessee at Good People,” said Michael Sellers, who cofounded Good People in 2008 with his friend ... (click for more)

American Advertising Award Winners To Be Honored Feb. 20

The Chattanooga market’s best in advertising, as chosen by the AAF Chattanooga panel of judges, will be honored Saturday, Feb. 20 at The Camp House at the AAF Chattanooga American Advertising Awards celebration. The event recognizes and showcases the area’s "outstanding advertising creative work" for the previous year. The event begins at 6:30 p.m. with cocktails and passed ... (click for more)

Underground Fire Closes Several Downtown Streets

An underground fire closed several downtown streets late Saturday afternoon. At approximately 5:20 p.m., the Chattanooga Fire Department responded to a reported fire in a man-hole at the corner of Chestnut Street and W. 8th Street. When fire companies arrived on the scene, they found black smoke coming from an underground electrical service line. The man-hole cover had been ... (click for more)

16-Year-Old Who Was Shot In The Head In East Ridge Dies

Monserrate Ferrer, the 16-year-old who was shot in East Ridge on Friday, has died. Investigators will meet early next week with the Hamilton County District Attorney's Office to discuss the case. The shooting that involved two juveniles was at the 4200 block of Bennett Road. Responding officers found a 16-year-old boy in the bedroom with a gunshot wound to the head. East ... (click for more)

The City Failed To Watch The Chattanooga History Museum Dollars

The tell tale signs of the History Museum's folly have been evident for years. When I was a former member of City Council I interviewed Dr. Daryl Black, Ph.D. to determine if I should argue for or against the annual funding of his organization. His interview, the multi-year history of administrative non-performance (despite consistent repetitive funding), and a review of the organizational ... (click for more)

Roy Exum: Greenholtz: A No-Brainer

I am going to make this as simple as I possibly can. There are three fine lawyers now running for Criminal Court Judge and anywhere you go there will be people who like and admire Tom Greenholtz, Boyd Patterson and Mike Little. But when we select a judge, it should never be based on popularity. That’s why Gov. Haslam picked Greenholtz over both Little and Patterson this summer to ... (click for more)