GlobeNewswire Inc | Jan 25, 2021 08:47AM EST

January 25, 2021

ROCKVILLE, Md., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Capital Bank, N.A. Today, Capital Bank is pleased to announce that Kathy Curtis is joining the Capital Bank Board of Directors.

Curtis oversaw the development of audit and compliance functions for Capital Bank during a period of extraordinary asset growth and increased regulation. In 2020, Curtis retired from the Bank in her role as Chief Risk/Compliance Officer. Curtis will now rejoin Capital Bank as a member of the Capital Bank Board of Directors.

Over her 18 years working with Capital Bank, Curtis was charged with ensuring regulatory compliance and measuring essential operating risks. Her deep expertise in both compliance and risk management, and longstanding relationships with regulators, made her a unique asset to the Bank, as she was both nimble and responsive to an ever-changing banking environment.

Kathy will bring a wealth of knowledge and expertise to the Board. She understands the balance between risk and reward and the importance of a collaborative working relationship with our regulators, says James F. Whalen, Chairman of the Board of Directors. We look forward to Kathys guidance at the Board level as we execute our growth and fintech initiatives.

ABOUTCAPITAL BANCORP, INC.Capital Bancorp, Inc.,Rockville, Marylandis a registered bank holding company incorporated under the laws ofMaryland. The Companys wholly-owned subsidiary,Capital Bank, N.A., is the fifth largest bank headquartered inMarylandatSeptember 30, 2020.Capital Bancorphas been providing financial services since 1999 and now operates bank branches in five locations in the greaterWashington, D.C.andBaltimore, Marylandmarkets.Capital Bancorphad assets of approximately$1.9 billionatSeptember 30, 2020and its common stock is traded in the NASDAQ Global Market under the symbol CBNK. More information can be found at the Companys websitewww.CapitalBankMD.comunder its investor relations page.

FINANCIAL CONTACT: Alan Jackson (240) 283-0402MEDIA CONTACT: Ed Barry (240) 283-1912WEB SITE:www.CapitalBankMD.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8c7aefff-2e73-4d13-9d8a-ac2997c14a8f