CapitalMark boosts profits
CapitalMark Bank & Trust said Thursday its pretax earnings for 2011 jumped by 54 percent, boosting net income for the Chattanooga banking firm for the year to $3.4 million, or 46 cents per share.
In the fourth quarter, CapitalMark earned $1.13 million, or 14 cents per share, and boosted year-end assets to $662 million. CapitalMark CEO Craig Holley said the bank recently received regulatory approval to open new branch offices in Cleveland and Oak Ridge, Tenn.
Dalton plant to add output
DALTON, Ga. – Authorities say they plan to double the output of a solar facility in Dalton.