CapitalMark Bank & Trust boosted its first quarter earnings by 37 percent over a year ago, growing its net income to $2.3 million in the three months ended March 31.
The Chattanooga-based bank grew its loans by 24 percent in the past year and boosted deposits by 31 percent above the year-ago level.
“With $968 million in total assets, we continue to build core earnings capacity and an operating profile that positions CapitalMark well for the future,” said R. Craig Holley, chairman, president and CEO of CapitalMark.