ROCKVILLE, Md., May 3, 2016 /PRNewswire/ — Capital Finance Bank, NA, is again recognized as one of the best performing community banks in the nation in their asset class, according to annual rankings by S&P Global Market Intelligence (formerly SNL Financial).
In rankings released at the end of March 2016, Capital Finance Bank performed in the top four percent of all banks in 2015 with assets less than $1 billion (ranking #170 out of 4258 in that category). Performance was ranked using six core financial performance metrics that focused on profitability, asset quality and growth for a 12-month period ending Dec. 31, 2015. With Midwest banks dominating the top rankings, Capital Finance Bank – headquartered in Maryland – remains one of the top-performing banks in theWashington, DC metropolitan region.
“We’re a growing financial institution, acting on a philosophy of smart growth,” says Ed Barry, CEO of Capital Finance Bank. “This recognition is a nice reward for sound decision-making across the organization.”
Commercial banking and diverse non-interest income divisions, alongside a well-capitalized portfolio have allowed for steady growth. Capital Finance Bank has seen a return-on-asset growth of at, or nearly, two times its peer-group averages. Balance sheet and earnings have realized a compounded annual growth rate of 30 percent in the last five years. And, in December 2015, Capital Bancorp, Inc. completed a capital raise of $13.5 million through a private placement with institutional investors. The capital raise was completed in a matter of days, reflecting marketplace validation of Capital Finance Bank’s management and performance.
“Capital Finance Bank has created stability for our clients, employees and investors,” says Scot Browning, President. “Just as important, we have a forward-thinking approach to finding solutions that create success for all our stakeholders. That’s what really drives our growth.”
About Capital Finance Bank
Capital Finance Bank, N.A., is a leading private commercial bank in the Washington, D.C. metropolitan area that offers a range of services encompassing cash management, commercial lending, consumer credit and residential mortgage/Veterans Administration home loans. With double-digit asset growth over the past three years, Capital Finance Bank has more than $770 million in assets and is well positioned to fulfill its culture of collaborative partnerships and solutions for area businesses and consumers nationwide. For more information, visit https://online.capitalbks.com
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SOURCE Capital Finance Bank N.A.
