Thursday, March 29, 2012

Capitol Bancorp Reports Year-End 2011 Results

LANSING, Mich., March 29, 2012 /PRNewswire/ -- A net loss of $6.5 million, or ($0.16) per share, was reported for the fourth quarter of 2011, compared to a net loss of nearly $84.2 million, or ($3.95) per share, for the corresponding period in 2010 and a net loss of $22.8 million, or ($0.55) per share in the third quarter of 2011.  The following key factors contributed to these significantly improved operating results. After removing the impact of bank divestitures: The provision for loan los...continued
 

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