CBF Profile
Capital
Bank Financial Corp. (CBF) is a bank holding company that operates
through its wholly-owned subsidiary, Capital Bank Corporation. The
company provides a range of commercial banking services, including
loans, deposits, treasury management, and online banking. It operates
primarily in the Southeastern United States, with offices in North
Carolina, South Carolina, Florida, Tennessee, and Virginia.
Founded in 2010, CBF has grown through a combination of acquisitions
and organic growth. In 2012, the company acquired Southern Community
Financial Corporation, which expanded its presence in North Carolina.
In 2015, CBF acquired CommunityOne Bancorp, which expanded its
presence in North Carolina and Virginia. In 2017, the company acquired
Capital Bank, which expanded its presence in Florida, South Carolina,
and Tennessee.
As of its most recent earnings report, CBF had
total assets of approximately $10.7 billion, loans of approximately
$7.2 billion, and deposits of approximately $8.6 billion. The company
reported net income of approximately $21.4 million for the fourth
quarter of 2021.
CBF has a strong focus on community banking
and providing personalized service to its customers. It has received
several awards for its commitment to customer service, including being
named one of the Best Banks to Work For by American Banker and one of
the Best Companies to Work for in North Carolina by Business North
Carolina.
Like many banks, CBF has faced challenges in the
current low-interest-rate environment. However, the company has taken
steps to manage its balance sheet and maintain profitability,
including growing its loan portfolio and focusing on efficiency.
Overall, CBF is a well-established regional bank with a strong
focus on community banking and customer service. With a solid balance
sheet and a track record of growth through acquisitions and organic
growth, the company is well-positioned for futu
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