Community banks, which for years have relied heavily on commercial real estate lending, have been tightening underwriting standards, conducting more-frequent loan reviews and stepping back from certain subsectors to minimize their credit exposure.
1st Capital Bank: 1st Capital Bancorp Announces Retirement of CFO Michael Winiarski
1st Capital Bancorp (OTC Pink:FISB) announced today the retirement of Chief Financial Officer, Michael Winiarski. We appreciate Mike s contribution over the past seven years and wish him well in retirement, said Sam Jimenez, chief executive officer.
Tamara Allen has been designated as the interim Chief Financial Officer until the search process is completed and a successor to Mr. Winiarski is named.
About 1st Capital Bank
The bank s primary target markets are commercial enterprises, professionals, real estate investors, family business entities, and residents along the Central Coast region of California. The bank provides a wide range of credit products, including loans under various government programs such as those provided through the U.S. Small Business Administration and the U.S. Department of Agriculture. A full suite of deposit accounts also is furnished, complemented by robust treasury
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Capital Bancorp Announces Approval of New Stock Repurchase Program
Capital Bancorp, Inc.February 2, 2021 GMT
ROCKVILLE, Md., Feb. 02, 2021 (GLOBE NEWSWIRE) Capital Bancorp, Inc. (the “Company”) (NASDAQ - CBNK), the holding company for Capital Bank, NA, today announced that its Board of Directors has approved a new stock repurchase program, which authorizes the Company to repurchase up to $7.5 million of its outstanding common stock.
“We believe having the option to repurchase shares offers an effective capital management tool for building long-term shareholder value,” said Ed Barry, CEO of Capital Bancorp, Inc.
1st Capital Bancorp Announces Fourth Quarter 2020 Financial Results saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.