FOCUS FOR THE FUTURE

CRISTIN K. REID
Corporate President

With so many significant accomplishments behind us, we cannot help but look to those that lay ahead with optimism, confidence and conviction. 

First and foremost, our strategy is to continue doing what we do best.  We will continue to grow our affiliated bank group by partnering with exceptional banking professionals to open “single store” community banks in markets across the country.  In fact, by employing our precision-honed model, we expect our affiliate network to grow to 100 banks within the next five years.

We will continue to place customer relationships at the core of each bank’s value proposition because we know that people prefer to interact directly with the bank’s decision-makers.  Each bank will continue to be operated by a local board and officer team – with local authority over credit decisions, pricing, staffing, and strategic planning – so that we can deliver a level of responsiveness, personal service, and community integration that multibranch banks cannot duplicate.

We will continue to support our network with efficient back office accounting, information technology and risk management services that pass on economies of scale and enable local management to focus on serving their communities’ needs.  We will help meet those evolving needs by developing additional product opportunities that can be rolled out nationwide and that also produce additional revenue potential for our banks.

As Capitol Bancorp moves into 2007, we do so with the people, the energy and the momentum needed not only to sustain our strong performance and growth, but also to take us to new places.  As an entrepreneurial company, we’ll continue to navigate through uncharted territory with the goal of keeping the community banking model firmly integrated in the economic fabric of cities and towns across the country.  There are many new states, new communities and new opportunities ahead of us. 

Joseph D. Reid, Chairman & CEO