NC Trader

Capital Bank: The Baby That Went Out with the Bathwater

What I like about Capital vs. Paragon is that Capital has innovative deposit products for individuals in addition to their business suite. I think their opportunity re:RTP is in the personal accounts of the employees of Cisco, SGP, IBM, etc. Crescent has 5-6x the non-performing loans as a percentage of assets when compared to Capital, which doesn't give me any confidence in their lending practices. Their expenses have also been increasing faster than one would expect given their growth. Carolina Bank doesn't have exposure to the faster growing areas of Eastern NC, but I will keep an eye on that one.