CapitalMark Lands 14th Consecutive 5-Star Rating
Chattanooga, Tennessee – November 3, 2014 – CapitalMark Bank & Trust has once again been awarded a 5-Star Rating from BauerFinancial, Inc., marking the bank’s 14th consecutive quarter to be recognized as a lead performer. BauerFinancial, an independent research and rating firm based in Coral Gables, Florida, has been analyzing and reporting on the performance of financial institutions since 1983. BauerFinancial uses key performance ratios to analyze banks and credit unions, and only awards 5-Star Ratings to institutions it considers to be the strongest in the nation.
POODLE Vulnerability in SSL Protocol
A vulnerability was recently discovered in the Secure Sockets Layer (SSL) cryptographic protocol of Internet Explorer (I.E.) known as Padding Oracle on Downloaded Legacy Encryption (POODLE). The SSL certificate was designed to ensure a secure connection and encrypt data transmitted from a web server to a browser. The POODLE flaw makes encrypted data transmitted through SSL enabled browsers vulnerable to extraction and decryption of data transmitted.
CapitalMark Third Quarter Earnings Up 20%
Chattanooga, Tennessee – October 23, 2014 – CapitalMark Bank & Trust today reported earnings for the third quarter ended September 30, 2014. Net income for the quarter was $1.52 million compared to $1.27 million for the same quarter 2013. Net income for the nine months ended was $4.8 million, an increase of 32% from the same period in 2013. Net income per fully diluted common share increased 33% from the same nine month period last year to $0.60.
CapitalMark Promotes Cyber Security Awareness Month
Chattanooga, Tennessee – October 3, 2014 – CapitalMark Bank & Trust is supporting National Cyber Security Awareness Month (NCSAM), which is recognized every October to ensure consumers have the education and resources they need to protect their personal information. In observance of NCSAM, CapitalMark is sharing best practices and valuable tips on how to prevent identity theft, protect sensitive information and account access, and bank safely and securely from a computer or mobile device. Visit CapitalMark.com weekly for hot topics, best practices, and recent threats related to cybersecurity.
Home Depot Data Breach
On September 2nd, 2014, Home Depot reported that payment card information of approximately 60 million customers has been breached from transactions that occurred in stores from April 2014 until September 2014. There is no evidence at this time that the breach impacts customers who shopped online at HomeDepot.com.
CapitalMark's Advantage Forum Focuses on Small Business Owners
Chattanooga, Tennessee – September 15, 2014 – CapitalMark Bank & Trust recently announced the launch of the CapitalMark Advantage Forum, an advisory series designed to guide clients and friends on how to strategically enhance and protect their personal wealth and business success. The series is one of many ways CapitalMark seeks to provide the ultimate banking experience to clients.
Local Bankers Move to CapitalMark
Knoxville, Tennessee – August 13, 2014 – CapitalMark Bank & Trust announces the addition of a new Banker Team comprised of local bankers Josh R. Hopkins, M. Brandon Hackett and Cameron M. Puckett. The new Banker Team will be based in CapitalMark’s Knoxville office located in the historic U.S. Post Office building downtown. Hopkins, Hackett and Puckett have extensive banking experience at regional financial institutions.
CapitalMark Hires Julie McLain
Chattanooga, Tennessee – August 12, 2014 – CapitalMark Bank & Trust is pleased to announce the addition of Julie McLain to its Wealth & Trust department. McLain will report to Wealth & Trust Group Head Phil Barnes as she assists and supports all Wealth & Trust Team with onboarding and assisting all clients to ensure the ultimate client experience and satisfaction. She was previously at regional financial institution supervising wealth & trust administrative assistants and supporting the private banking division.
CapitalMark Second Quarter Earnings Remain Strong
Chattanooga, Tennessee – July 24, 2014 – CapitalMark Bank & Trust today reported earnings for the second quarter ended June 30, 2014. Net income for the six months ended was $3.3 million, an increase of 39% from the same period in 2013. Net income per fully diluted common share increased 41% from the same six month period last year to $0.41.
CapitalMark Recognized as Top Performing Bank
CapitalMark Launches the Advantage Forum
Chattanooga, Tennessee – June 9, 2014 – CapitalMark Bank & Trust announced its launch of the CapitalMark Advantage Forum, an advisory series designed to guide clients and friends how to enhance and protect their personal wealth and business success.