Capital Bank Names Tim Coley Senior Vice President & Commercial Loan Officer

MORRISTOWN, Tenn., May 2, 2013 (GLOBE NEWSWIRE) -- Capital Bank announced recently the appointment of Tim Coley to Senior Vice President & Commercial Loan Officer, in which he will service clients in East Tennessee (Knoxville & surrounding area including the Tri-Cities) and clients in the Asheville NC market with emphasis on manufacturing, higher education, healthcare organizations and state and local government.

Coley, who transitions to Capital Bank with over 15 years of banking experience and a book of business exceeding $100MM, most recently served as Vice President of Commercial and Industrial Banking with Regions Bank. A graduate of the University of Tennessee, Coley further completed his education at Vanderbilt University's Tennessee School of Banking and the University of North Carolina's Cannon Financial Institute Trust School. Coley is an active Certified Public Accountant and a Chartered Global Management Accountant serving as a member of the Tennessee Society of CPA's and the American Institute of Certified Public Accounts.

About Capital Bank

Capital Bank, N.A. was formed in July 2010 as the banking subsidiary of Capital Bank Financial Corp., a bank holding company incorporated in 2009 with the goal of creating a regional banking franchise in the Southeastern United States. With approximately $7.3 billion in total assets as of December 31, 2012, and more than 1,600 employees, Capital Bank offers a broad range of financial services and operates 164 branches in Florida, North Carolina, South Carolina, Tennessee and Virginia. More information on Capital Bank is available at

CONTACT: Susi Winchell Marketing Director, VP Capital Bank 239.449.5850 www.capitalbank-us.comSource:Capital Bank Financial Corp.