News 2006

November 21, 2006:: Capitol Bancorp to Present at FBR 2006 Investor Conference in New York, November 28
LANSING, Mich., and PHOENIX, Ariz.: Nov. 21, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the Friedman Billings Ramsey 2006 Investor Conference in New York on Tuesday, November 28. Cristin Reid English, Capitol Bancorp's Corporate President, and Michael M. Moran, Capitol Bancorp's Chief of Capital Markets, will provide an overview of the company's unique operating model, financial performance and strategic growth initiatives to institutional investors, money managers and analysts.
November 16, 2006:: Capitol Bancorp Appoints Cristin Reid English President, Corporate Operations
LANSING, Mich. and PHOENIX, Ariz.: Nov. 16, 2006: Capitol Bancorp Limited (NYSE:CBC) with executive offices in Lansing, Michigan, and Phoenix, Arizona, announced today that Cristin Reid English has been named President, Corporate Operations. Ms. Reid English has been with Capitol Bancorp since 1997 and has participated in the development of 40 of the 50 individually chartered banks in the Corporation's community bank network. Formerly, she served in the capacities of Chief Operating Officer; General Counsel; and Corporate Vice President.
November 6, 2006:: Capitol Bancorp Opens Its 50th Individually Chartered Community Bank
LANSING, Mich., and PHOENIX, Ariz: Nov. 6, 2006: Capitol Bancorp Limited (NYSE:CBC), a $3.9 billion community bank development company, today announced that it has opened Ohio Commerce Bank, its 50th individually chartered community bank. Capitol Bancorp has added nine community banks to its national affiliate network during 2006 and the Corporation currently has applications pending for four de novo community banks.
November 1, 2006:: Capitol Bancorp to Present at Mid-Atlantic SuperCommunity Bank Conference in Philadelphia, November 6
LANSING, Mich., and PHOENIX, Ariz.: Nov. 1, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the Mid-Atlantic SuperCommunity Bank Conference in Philadelphia on Monday, November 6. Michael M. Moran, Capitol Bancorp's chief of capital markets, will provide an overview of the company's unique operating model, financial performance and strategic growth initiatives to institutional investors, high net-worth individuals and analysts from leading investment banks.
October 25, 2006:: Capitol Bancorp Declares 57th Consecutive Quarterly Cash Dividend
LANSING, Mich., and PHOENIX: Oct. 25, 2006: The Board of Directors of Capitol Bancorp Limited (NYSE:CBC) today announced the Corporation's 57th consecutive quarterly cash dividend at $0.25 per common share, consistent with last quarter's dividend and a 32 percent increase over the $0.19 dividend paid in the same period in 2005. The dividend is payable December 1, 2006, to shareholders of record as of November 8, 2006.
October 23, 2006:: Paula Cunningham Appointed President of Capitol National Bank: Lansing Bank is Capitol Bancorp's Flagship Bank
LANSING, Mich., and PHOENIX: Oct. 23, 2006: Joseph D. Reid, Chairman and CEO of Capitol Bancorp Limited (NYSE:CBC), today announced that Paula D. Cunningham has been appointed president of Capitol National Bank in Lansing, Mich. Cunningham succeeds John C. Smythe who was appointed last week to the newly created position of President, Great Lakes Region for Capitol Bancorp Limited.
October 23, 2006:: Capitol Bancorp Opens Its 49th Community Bank; 1st Commerce Bank is the 5th Community Bank in Nevada for Capitol Bancorp
LANSING, Mich., and PHOENIX, Ariz: Oct. 23, 2006: Capitol Bancorp Limited (NYSE:CBC), a $3.9 billion community bank development company, announced today that it has opened 1st Commerce Bank, its fifth community bank in Nevada. Located in North Las Vegas, 1st Commerce Bank is the 49th separately chartered community bank in the Capitol Bancorp network, the largest holder of individual bank charters in the U.S. Capitol Bancorp has community banks and bank operations in 14 states across the country.
October 20, 2006:: Capitol Bancorp to Present at Sanders Morris Harris Middle Market Investor Growth Conference in New York, October 23rd
LANSING, Mich., and PHOENIX: Oct. 20, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the Sanders Morris Harris Middle Market Investor Growth Conference in New York on Monday, October 23.

Joseph D. Reid, Capitol Bancorp's Chairman and CEO, and Michael M. Moran, Capitol Bancorp's Chief of Capital Markets, will provide an overview of the company's unique operating model, financial performance and strategic growth initiatives to institutional investors, money managers and analysts.
October 19, 2006:: Capitol Bancorp Reports Record Earnings (PDF)
LANSING, Mich. and PHOENIX, Ariz.: Oct. 19, 2006: Capitol Bancorp Limited (NYSE: CBC) today reported record quarterly earnings with third quarter net income approximating $10.8 million, an increase of 13 percent from the approximately $9.6 million reported for the third quarter of 2005. Basic and diluted earnings per share (EPS) were $0.68 and $0.66, up 6 percent and 8 percent, respectively, from $0.64 and $0.61 for the third quarter of 2005. Consolidated assets approximated $3.9 billion at September 30, 2006, a 15 percent annualized increase year-to-date, fueled by comparable expansion in key components of the balance sheet. Total portfolio loans exceeded $3.3 billion, increasing 15 percent year-over-year when compared to the $2.9 billion reported on September 30, 2005, and total deposits exceeded $3.1 billion, reflecting a 16 percent annualized increase over the $2.8 billion recorded at December 31, 2005, and approximately 17 percent growth, annualized, on a linked-quarter basis.
October 18, 2006:: Capitol Bancorp Names John C. Smythe President of Great Lakes Region
LANSING, Mich., and PHOENIX, Ariz.: Oct. 18, 2006: John C. Smythe has been named president of Capitol Bancorp's (NYSE: CBC) Great Lakes Region. In this role, Smythe will have management oversight of Capitol Bancorp's individually chartered community banks in Michigan (13), Indiana (3) and Ohio (1).
October 4, 2006:: Capitol Bancorp COO Cristin Reid English Receives National Women's Banking Award
LANSING, Mich. and PHOENIX, Ariz.: October 4, 2006: Cristin Reid English, Chief Operating Officer of Capitol Bancorp Limited (NYSE: CBC), has been designated one of "25 Women to Watch" as part of U.S. Banker magazine's annual ranking of the "25 Most Powerful Women in Banking" for 2006. Reid English was selected for her progressive leadership and contribution to her company's overall performance.
October 4, 2006:: Capitol Bancorp Opens Its First Bank in Ohio
LANSING, Mich., and PHOENIX, Ariz: Oct. 4, 2006: Capitol Bancorp Limited (NYSE:CBC), a $3.7 billion community bank development company, announced today that it has opened its first de novo community bank in Ohio. Bank of Maumee, located in northwest Ohio, brings the total number of separately chartered community banks in the Capitol Bancorp network to 48, located in 14 states across the country.
September 5, 2006:: Capitol Bancorp Limited to Present at West Coast SuperCommunity Bank Conference in San Francisco, September 7
LANSING, Mich., and PHOENIX: Sept. 5, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the West Coast SuperCommunity Bank Investor Conference in San Francisco on Thursday, September 7. The presentation will be webcast live at 4:05 p.m. PT. Webcast details are available at
http://www.super-communitybanking.com/westcoast.htm. A replay of the webcast will be available for 30 days.
August 30, 2006:: Capitol Bancorp Names Clinton Dunn President of Texas Region
LANSING, Mich., and PHOENIX, Ariz.: Aug. 30, 2006: Clinton D. Dunn, a longtime Texas banker, has been named president of Capitol Bancorp's (NYSE: CBC) Texas Region. In this role, Dunn will guide Capitol Bancorp's community bank development initiatives throughout Texas.
August 17, 2006:: Capitol Bancorp Limited to Present at Howe Barnes Hoefer & Arnett 11th Annual Community Bank Conference in Chicago, August 22
LANSING, Mich., and PHOENIX: Aug. 17, 2006 ñ Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the 11th Annual Community Bank Conference hosted by Howe Barnes Hoefer & Arnett in Chicago on August 22, 2006. Capitol Bancorp's 40-minute presentation will be web cast on Tuesday, August 22, 2006 at 10:30 a.m. CDT (11:30 a.m. EDT). The web cast can be accessed at www.howebarnes.com.
July 27, 2006:: Capitol Bancorp Declares 56th Consecutive Quarterly Cash Dividend
LANSING, Mich., and PHOENIX: July 27, 2006: The Board of Directors of Capitol Bancorp Limited (NYSE:CBC) today announced the Corporation's 56th consecutive quarterly cash dividend at $0.25 per common share, consistent with last quarter's dividend and a 39 percent increase over the $0.18 dividend paid in the same period in 2005. The dividend is payable September 1, 2006, to shareholders of record as of August 8, 2006.
July 26, 2006:: Capitol Bancorp Limited to Present at Keefe Bruyette & Woods Conference, August 1
LANSING, Mich., and PHOENIX: July 26, 2006 ñCapitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the Seventh Annual Community Bank Investor Conference hosted by Keefe, Bruyette & Woods in New York City on August 1, 2006 at 3 p.m. ET.
July 20, 2006:: Capitol Bancorp Reports Record Earnings, Up 24% (PDF)
LANSING, Mich. and PHOENIX: July 20, 2006: Capitol Bancorp Limited (NYSE: CBC) today reported record quarterly earnings with second quarter net income approximating $10.3 million, an increase of 24 percent from the approximately $8.3 million reported for the second quarter of 2005. Basic and diluted earnings per share (EPS) were $0.65 and $0.63, up 16 percent and 17 percent, respectively, from $0.56 and $0.54 for the second quarter of 2005. Consolidated assets exceeded $3.7 billion at June 30, 2006, a 14 percent annualized increase year-to-date, fueled by comparable expansion in key components of the balance sheet. Total portfolio loans approximated $3.2 billion, increasing 14 percent, annualized, over $3.0 billion reported at the beginning of 2006, and total deposits approximated $3.0 billion, reflecting a 15 percent annualized increase over the $2.8 billion recorded at December 31, 2005.
July 13, 2006:: Capitol Bancorp Opens Its Second Community Bank in the State of Washington
LANSING, Mich. and PHOENIX, Ariz.: July 13, 2006: Capitol Bancorp Limited (NYSE: CBC), a $3.6 billion national community bank development company, announced today the opening of its 47th individually chartered community bank, Bank of Everett, in Everett, Washington. Thus far in 2006, the Corporation has opened six de novo community banks and currently has applications pending for de novo banks in Nevada and Ohio.
June 26, 2006:: Capitol Bancorp Opens Two New Community Banks In Georgia
LANSING, Mich. and PHOENIX, Ariz.: June 26, 2006: Capitol Bancorp Limited (NYSE: CBC), a $3.6 billion national community bank development company, announced today the opening of its 45th and 46th individually chartered community banks, Bank of Valdosta and Sunrise Bank of Atlanta.
June 6, 2006:: Capitol Bancorp Opens 44th Community Bank: Evansville Commerce Bank marks third community bank in Indiana for Capitol Bancorp, holder of the most individual bank charters in the U.S
LANSING, Mich. and PHOENIX, Ariz.: June 6, 2006: Capitol Bancorp Limited (NYSE: CBC), a $3.6 billion national community bank development company, announced today the opening of its 44th individually chartered community bank, Evansville Commerce Bank in Evansville, Indiana. This represents Capitol Bancorp's third community bank in Indiana, joining Goshen Community Bank and Elkhart Community Bank.
May 8, 2006:: Capitol Bancorp Opens New Community Bank in Phoenix; Asian Bank of Arizona Targets Asian-American Population
LANSING, Mich., and PHOENIX, Ariz.: May 8, 2006: Capitol Bancorp Limited (NYSE: CBC), a $3.6 billion national community bank development company, announced today the opening of its 43rd individually chartered community bank, Asian Bank of Arizona. Capitol Bancorp is the largest holder of individual bank charters in the country.
May 2, 2006:: Lansing Business Leader Richard Henderson Elected to Capitol Bancorp Board of Directors
LANSING, Mich., and PHOENIX, Ariz.: May 2, 2006: Today Joseph D. Reid, chairman and CEO of Capitol Bancorp (NYSE:CBC), announced that Lansing business leader Richard A. Henderson has been elected to Capitol Bancorp's board of directors.
April 26, 2006:: Capitol Bancorp Announces Plans to Grow Banking Network to 100 Individually Chartered Banks; Increases Quarterly Cash Dividend 25 Percent
LANSING, MI, and PHOENIX: April 26, 2006: At today's annual shareholder meeting of Capitol Bancorp Limited (NYSE:CBC), Chairman and CEO Joseph D. Reid announced that the Board of Directors has adopted a strategic plan which calls for a network of 100 separately chartered community banks. The plan was announced as a "five-year growth plan." Reid also announced the Corporation's 55th consecutive quarterly cash dividend, increasing the payment from $0.20 to $0.25 per common share. The dividend of $0.25 per common share represents a 25 percent increase over the $0.20 dividend paid in the preceding quarter. The dividend is payable June 1, 2006, to shareholders of record as of May 10, 2006.
April 20, 2006:: Capitol Bancorp Reports First Quarter Earnings, Up 24% (PDF)
LANSING, Mich., and PHOENIX: April 20, 2006: Capitol Bancorp Limited (NYSE: CBC) today reported first quarter net income exceeding $9.9 million, an increase of 24 percent from the $8.0 million reported for the first quarter of 2005. Basic and diluted earnings per share (EPS) were $0.64 and $0.61, up 16 percent and 17 percent, respectively, from $0.55 and $0.52 for the first quarter of 2005. With annualized growth of 17 percent in the first three months of 2006, consolidated assets amounted to $3.6 billion at March 31, 2006, compared to $3.2 billion a year ago. Total portfolio loans exceeded $3.0 billion, increasing 11 percent when compared to the approximate $2.8 billion reported at March 31, 2005. Total deposits surpassed $2.9 billion, reflecting a 22 percent increase on an annualized basis.
March 23, 2006:: Capitol Bancorp Announces New Wealth Management Subsidiary: Veteran industry executive, Bob Hogan, to lead Capitol Wealth Advisors
LANSING, Mich., and PHOENIX: March 23, 2006: Capitol Bancorp Limited (NYSE: CBC), a $3.5 billion national community bank development company, announced today it has formed a new wealth management subsidiary, Capitol Wealth Advisors, to serve its growing nationwide network of more than 40 community banks. Capitol Wealth Advisors, subject to regulatory approval, will enable Capitol Bancorp's community bank affiliates to provide their customers with a comprehensive array of wealth management advice, services and products to help them grow, manage and preserve their wealth.
March 8, 2006:: Capitol Bancorp to Participate in Sandler O'Neill's West Coast Financial Services Conference in San Diego, March 9
LANSING, Mich., and PHOENIX: March 8, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured participant at the West Coast Financial Services Conference hosted by Sandler O'Neill & Partners, L.P., in San Diego on Thursday, March 9. The discussion will be webcast live on Thursday, march 9, 2006, at 8 a.m. PT with a replay available for 30 days following the event. Webcast details are at http://www.sandleroneill.com.
March 2, 2006:: Former Arizona Superintendent of Banks to Lead Capitol Bancorp's Government Relations Group; Richard Houseworth Appointed Director of Government Relations for National Bank Development Company
LANSING, Mich., and PHOENIX: March 2, 2006: Richard C. Houseworth, who for 13 years served as Superintendent of the Department of Financial Institutions for the state of Arizona, will lead the government relations efforts for Capitol Bancorp Limited (NYSE:CBC), a $3.5 billion national community bank development company. In this newly created position, Houseworth will work with government representatives and regulatory agencies across the country as an integral part of Capitol Bancorp's strategic expansion plan.
February 22, 2006:: Capitol Bancorp Limited to Present at Midwest 2006 Super community Bank conference in Chicago, February 28
LANSING, Mich., and PHOENIX: Feb. 22, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the Midwest 2006 Super Community Bank Conference in Chicago on Tuesday, February 28. Capitol Bancorp Chairman and Chief Executive Officer Joseph D. Reid will be joined by Michael M. Moran, Chief of Capital Markets, and Lee W. Hendrickson, Chief Financial Officer, to provide an overview of the company's unique operating model, financial performance and strategic growth initiatives to institutional investors and analysts from leading brokerage firms.
February 2, 2006:: Capitol Bancorp Limited to Present at Southeast 2006 Super Community Bank Conference in Atlanta, February 6
LANSING, Mich., and PHOENIX: Feb. 2, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the Southeast 2006 Super Community Bank Conference in Atlanta on Monday, February 6. Cristin Reid English, Capitol Bancorp's Chief Operating Officer and Michael M. Moran, Capitol Bancorp's Chief of Capital Markets, will provide an overview of the company's unique operating model, financial performance and strategic growth initiatives to institutional investors and analysts from leading brokerage firms.
January 31, 2006:: Capitol Bancorp Increases Quarterly Cash Dividend; Corporation Announces 54th Consecutive Payment (PDF)
LANSING, Mich., and PHOENIX: Jan. 31, 2006: The Board of Directors of Capitol Bancorp Limited (NYSE:CBC) today announced the Corporation's 54th consecutive quarterly cash dividend, increasing the payment from $0.19 to $0.20 per common share. The dividend of $0.20 per common share represents an 18 percent increase over the $0.17 dividend paid in the same period in 2005 and a 5 percent increase over the $0.19 dividend paid in the preceding quarter. The dividend is payable March 1, 2006, to shareholders of record as of February 13, 2006.
January 26, 2006:: Capitol Bancorp Announces Record Fourth Quarter Earnings, An Increase Exceeding 26% Year-Over-Year, As Earnings Per Share Grew 23% (PDF)
LANSING, Mich., and PHOENIX: Jan. 26, 2006: Today, Capitol Bancorp Limited (NYSE:CBC) reported record fourth quarter earnings exceeding $10 million, an increase of more than 26 percent over the $7.9 million in earnings recorded in the fourth quarter of 2004. Record basic and diluted earnings per share (EPS) for the quarter of $0.66 and $0.64, respectively, represent a 20 percent and 23 percent increase as compared to 2004's fourth quarter figures of $0.55 and $0.52. For the year, Capitol reported record earnings approximating $36 million, an increase of nearly 35 percent over 2004's then record $26.7 million bottom line. Record basic and diluted EPS for 2005 were $2.42 and $2.34, respectively, even with a more than 6 percent increase in the outstanding share count to approximately 15.8 million shares at year-end 2005.
January 24, 2006:: Capitol Bancorp Limited to Present at Brean Murray, Carrett & Co. Investor Conference in New York, January 31
LANSING, Mich., and PHOENIX: Jan. 24, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the Brean Murray & Co. Small Cap Institutional Investor Conference in New York on Tuesday, January 31.

* You need Adobe® Reader® to read PDF files. Download Adobe Reader for free.