CAPITAL BANCORPORATION'S NET INCOME RISES IN 1991

Capital Bancorporation's net income for 1991 was up 33 percent over the totals of a year ago.

The company this week announced its fourth quarter and annual totals.

The company's net income for the final quarter of 1991 was $1,304,000. Earnings per share for the three months which ended Dec. 31 was 51 cents. Net income for the fourth quarter represented a 26 percent increase over the same period a year ago.

Net income for the company for the year of 1991 was $5,011,000, with earnings per share at $2.29. The annual total represents a 33 percent over 1990 net income.

Total assets of the firm on Dec. 31 was $585,863,000;.

Capital Bancorporation's return on assets was .90 percent for the final quarter and .87 percent for the year. Non-performing loans at the end of the year were $2,985,000 compared to $3,868,000 on Sept. 30, 1991, and $3,625,000 at the end of 1991.

The allowance for possible loan losses was $6,360,000 on Dec. 31, representing 213 percent of non-performing loans and approximately 1.44 percent of total loans.

Capital Bancorporation, Inc. is a multi-bank holding company, headquartered in Cape Girardeau. The company operates 17 banking locations through five affiliate banks in Southeast, Central and Eastern Missouri.