Capital Bank Adds Veteran Delaware Commercial Banking Team Expanding Presence in the Region
Capital Bancorp (NASDAQ: CBNK) has announced a significant expansion of its Commercial Banking operations in Delaware with the addition of three experienced relationship managers. The expansion team includes Ritchie Francia in Sussex County's Rehoboth Beach area, along with Sarah Ferguson and John Hassiepen in Greater Wilmington.
All three bankers are recognized as top performers with recent prestigious sales awards in commercial banking. The strategic move is part of Capital Bank's broader Mid-Atlantic growth strategy, aimed at strengthening its commercial banking presence across Maryland, Delaware, Virginia, and surrounding areas.
Capital Bancorp (NASDAQ: CBNK) ha annunciato una significativa espansione delle sue attività di Commercial Banking nel Delaware con l'inserimento di tre esperti relationship manager. Il team di espansione comprende Ritchie Francia nell'area di Rehoboth Beach, nella contea di Sussex, insieme a Sarah Ferguson e John Hassiepen nella zona di Greater Wilmington.
Tutti e tre i banchieri sono riconosciuti come top performer, avendo recentemente ricevuto prestigiosi premi per le vendite nel settore del commercial banking. Questa mossa strategica fa parte della più ampia strategia di crescita di Capital Bank nel Mid-Atlantic, volta a rafforzare la sua presenza nel commercial banking in Maryland, Delaware, Virginia e nelle aree limitrofe.
Capital Bancorp (NASDAQ: CBNK) ha anunciado una significativa expansión de sus operaciones de Banca Comercial en Delaware con la incorporación de tres experimentados gerentes de relaciones. El equipo de expansión incluye a Ritchie Francia en el área de Rehoboth Beach, condado de Sussex, junto con Sarah Ferguson y John Hassiepen en Greater Wilmington.
Los tres banqueros son reconocidos como los mejores en su desempeño, habiendo recibido recientemente prestigiosos premios de ventas en banca comercial. Esta estrategia forma parte del plan de crecimiento más amplio de Capital Bank en el Mid-Atlantic, con el objetivo de fortalecer su presencia en la banca comercial en Maryland, Delaware, Virginia y áreas cercanas.
Capital Bancorp (NASDAQ: CBNK)는 델라웨어에서 상업 은행 업무를 크게 확장하며 세 명의 경험 많은 관계 관리자들을 새로 영입했다고 발표했습니다. 확장 팀에는 서섹스 카운티의 리호보스 비치 지역의 Ritchie Francia와 그레이터 윌밍턴 지역의 Sarah Ferguson, John Hassiepen이 포함되어 있습니다.
이 세 명의 은행가는 모두 상업 은행 분야에서 최근 권위 있는 영업상을 받은 우수한 성과자들로 인정받고 있습니다. 이번 전략적 조치는 Capital Bank의 미드애틀랜틱 지역 성장 전략의 일환으로, 메릴랜드, 델라웨어, 버지니아 및 인근 지역에서 상업 은행의 입지를 강화하는 데 목적이 있습니다.
Capital Bancorp (NASDAQ : CBNK) a annoncé une expansion significative de ses activités de banque commerciale dans le Delaware avec l'ajout de trois gestionnaires de relations expérimentés. L'équipe d'expansion comprend Ritchie Francia dans la région de Rehoboth Beach, comté de Sussex, ainsi que Sarah Ferguson et John Hassiepen dans la région de Greater Wilmington.
Les trois banquiers sont reconnus comme des performeurs de premier plan, ayant récemment reçu des prix prestigieux de vente en banque commerciale. Cette initiative stratégique s'inscrit dans la stratégie de croissance plus large de Capital Bank dans la région Mid-Atlantic, visant à renforcer sa présence en banque commerciale dans le Maryland, le Delaware, la Virginie et les régions avoisinantes.
Capital Bancorp (NASDAQ: CBNK) hat eine bedeutende Erweiterung seiner Commercial Banking Aktivitäten in Delaware bekannt gegeben, indem drei erfahrene Relationship Manager hinzugefügt wurden. Zum Erweiterungsteam gehören Ritchie Francia im Gebiet von Rehoboth Beach im Sussex County sowie Sarah Ferguson und John Hassiepen im Großraum Wilmington.
Alle drei Banker werden als Top-Performer anerkannt und haben kürzlich prestigeträchtige Verkaufsauszeichnungen im Commercial Banking erhalten. Dieser strategische Schritt ist Teil der umfassenderen Wachstumsstrategie von Capital Bank für die Mid-Atlantic-Region, mit dem Ziel, die Präsenz im Commercial Banking in Maryland, Delaware, Virginia und den umliegenden Gebieten zu stärken.
- Strategic expansion into Delaware's fast-growing markets through experienced banking professionals
- Addition of award-winning commercial bankers with strong local relationships
- Enhanced market presence in key areas (Sussex County and Greater Wilmington)
- None.
Insights
Capital Bank's organic expansion into Delaware through experienced banker hires signals measured growth without acquisition costs.
Capital Bank is executing a strategic talent-led expansion into Delaware's commercial banking market. Rather than pursuing the costlier acquisition path common in banking growth strategies, they're building presence through experienced relationship manager hires with established local connections. This approach offers lower capital requirements and potentially faster ROI than traditional branch-based or M&A expansion.
The geographic targeting is notable: by establishing presence in both Wilmington (Delaware's financial hub) and Sussex County (one of the state's fastest-growing markets), Capital Bank is pursuing a two-pronged market entry strategy. Wilmington provides access to established businesses and the corporate banking market, while Sussex County (Rehoboth Beach area) taps into a growing coastal economy with significant commercial development.
The bank's focus on hiring award-winning commercial bankers indicates a relationship-first growth model. In commercial banking, individual bankers often bring their client relationships when changing institutions. These established relationships can translate to immediate loan portfolio growth without the customer acquisition costs typically associated with expansion.
This represents classic adjacency expansion from Capital Bank's existing Maryland footprint into neighboring Delaware, creating operational synergies while avoiding the challenges of entering entirely new markets. The move aligns with broader industry trends of regional banks pursuing focused geographic expansion rather than transformative deals in the current regulatory environment.
ROCKVILLE, Md., May 19, 2025 (GLOBE NEWSWIRE) -- Capital Bancorp (NASDAQ: CBNK) announced today the expansion of its Commercial Banking operations in Delaware with the addition of several highly experienced relationship managers. This strategic move marks a key milestone in the Bank’s Mid-Atlantic growth strategy, positioning Capital Bank to serve more businesses across the state of Delaware and surrounding areas.
Located in Southern Delaware, Ritchie Francia is a seasoned commercial banker with deep ties to the Delaware business community. Based in the Rehoboth Beach area, Ritchie will anchor Capital Bank’s efforts in Sussex County, bringing his decades of experience and strong community relationships to clients in one of Delaware’s fastest-growing markets.
Joining Ritchie are Sarah Ferguson and John Hassiepen in the Greater Wilmington area. Both Sarah and John are respected banking professionals with long track records of helping local businesses achieve their financial goals. Together, these additions bring deep market expertise, strong community connections, and a reputation for client service that aligns with Capital Bank’s relationship-driven approach.
All three bankers are recognized as top performers, having recently earned prestigious sales awards for high achievement in commercial banking. Their success reflects a shared commitment to delivering exceptional value to clients through tailored financial solutions.
“Our investments in Delaware represents an exciting next step for Capital Bank as we continue to expand our reach across the Mid-Atlantic,” said Steve Poynot, President and Chief Operating Officer of Capital Bank. “With the addition of Ritchie, Sarah, and John, we are building a team of experienced professionals who not only understand the local business landscape but are deeply invested in the success of their communities.”
Capital Bank’s Delaware expansion is part of a broader strategic effort to strengthen its Commercial Banking footprint across the region. The Bank continues to invest in top talent and local market expertise to better serve businesses throughout Maryland, Delaware, Virginia, and beyond.
About Capital Bank
Capital Bancorp Inc., reported
For more information, visit http://capitalbankmd.com
Dominic Canuso
EVP, Chief Financial Officer
dcanuso@capitalbankmd.com
240-283-0402 ext.1223
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