CapitalMark Recognized As Top Performing Bank

Monday, July 07, 2014

Independent rating and research firm BauerFinancial, Inc. has once again recognized CapitalMark Bank & Trust as one of the top performing financial institutions in the nation by awarding it a 5-Star Rating.

BauerFinancial has been analyzing and reporting on financial institutions since 1983 and uses key ratios to assess its performance, stability and profitability. This award marks the 13th consecutive quarter that CapitalMark has been recognized as lead performer among banks and credit unions by BauerFinancial.

Banking Group President Kenny Dyer states, “Our stability and success as a financial institution can be attributed to the strength of the team assembled. Our Banker Teams have years of experience handling a variety of transactions. By aligning each client with one dedicated Banker Team to handle all of their banking needs, we are able to streamline and enhance the banking experience for the client, making us simple and easy to do business with.”

This year, CapitalMark hired a new Banker Team for the Chattanooga market consisting of veteran bankers Bryan Fryar, Chris Ramey and Jennifer Mount. Additionally, Banker Brandon Deering also joined a Chattanooga Team with Mark Feemster and Allison Roberson. Mr. Dyer said, “CapitalMark anticipates announcing addition Banker Teams in Knoxville in the very near future.”


Cornerstone Community Bank Has Rise In Earnings

Cornerstone Bancshares, Inc. (OTCBB: CSBQ; CSBQP), parent company of Cornerstone Community Bank, today reported earnings for the second quarter ended June 30, including a rise in income. Net income for the quarter was $409,000, a 3.3 percent increase from the same quarter of 2013.  Net interest income increased 5.5 percent from the same quarter last year. “Cornerstone ... (click for more)

GDOL To Co-Sponsor Career Expo At Ringgold High School Wednesday

The Georgia Department of Labor, the Catoosa County Chamber of Commerce, and Ringgold’s Downtown Development Authority will co-sponsor a career expo Wednesday at Ringgold High School. The expo will be held from 10 a.m. to 2 p.m. in the gymnasium and will feature more than 50 employers looking to fill vacant positions in a wide range of fields, including manufacturing, truck ... (click for more)

EPB Says It Did Not Overbill The City; Says City Got $685,877 Break

EPB officials said Tuesday that an exhaustive audit of its street light contract with the city showed that it did not overbill the city. Instead, it said it found that the city was underbilled $685,877. EPB said it only goes back one year on errors so the amount owed by the city would be $178,314. Officials said that would be discussed with the city. Stan Sewell, the city's ... (click for more)

History Center Gets $400,000 Grant From National Endowment For The Humanities

The National Endowment for the Humanities has awarded grants totaling more than $800,000 to three Tennessee projects that aim to display and preserve historical materials. Winning grants Monday included the Chattanooga History Center, which will get $400,000 to install a permanent, multimedia exhibit on the history of Chattanooga. The University of Tennessee-Knoxville will ... (click for more)

I'm Number One In A Round About Way

Roundabouts have been popping up all over Chattanooga over the past few years and for the most part have been successful.  Unfortunately there are some who just don’t get it as I have found out the hard way.    My latest instance was last week when a young woman on her cell phone almost t-boned me as she flew into the roundabout without yielding.  A near miss ... (click for more)

Roy Exum: Judge Philyaw Is The Best

Tomorrow morning there will be a special gathering at the Hamilton County Juvenile Court that will prove to our community that we have perhaps the most innovative juvenile judge in America. Shortly after Rob Philyaw was hand-picked by our Hamilton County Commissioners to fill the remainder of Suzanne Bailey’s term 15 months ago, he found that truancy was a big problem in our schools. ... (click for more)