CAPITAL BANK EARNINGS RISE

Capital Bancorporation's net income for the three months and 12 months ending Dec. 31 was $1,578,000 and $5,353,000, respectively.

Net income for the fourth quarter represents a 21 percent increase over the fourth quarter of 1991, while 1992 net income is a 7 percent increase over 1991 net income. Earnings per common share for the three months and 12 months ending Dec. 31 were 48 cents and $1.80 respectively.

Total assets exceeded $775 million on Dec. 31. This total reflects completion of the acquisition of Capital Bank of Southwest Missouri, formerly Magna Bank of Southern Missouri, on Dec. 30. It had assets of $172 million.

Capital Bancorporation's return on average assets was 1.05 percent for the fourth quarter and .90 percent for the year.

On Jan. 15, 1993, the board of directors of Capital Bancorporation declared a regular quarterly cash dividend of 16 cents per share on its common stock, payable on Feb. 4, 1993, to shareholders of record Jan. 28. The dividend of 16 cents represents a one-cent increase from the 15 cents per share quarterly dividend paid by the company the previous five quarters.

Capital Bancorporation is a multi-bank holding company headquartered in Cape Girardeau. The company operates 26 banking facilities through six affiliate banks in southeastern, southwestern, central and eastern Missouri. The common stock and preferred stock are traded on the NASDAQ National Market Systems as "CABK" and "CABKZ" respectively.