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CapitalSouth Bank Officially Opens Three of Four New Locations in Jacksonville
Date:11/14/2007

Toy Drive to Benefit Shands Jacksonville-Marks Grand Opening Celebration

JACKSONVILLE, Fla., Nov. 14 /PRNewswire/ -- CapitalSouth Bank will officially dedicate its new Mandarin branch today in Jacksonville. Community leaders, Company executives and bank employees will attend the grand opening event this morning, which will include a ceremonial ribbon-cutting to mark the official opening of the facility and the Company's expanded presence in Jacksonville.

In September, CapitalSouth Bancorp (Nasdaq: CAPB) announced that the Company had completed its merger with Monticello Bancshares, Inc. The merger added two banking offices for CapitalSouth Bank in Jacksonville, which will operate under the CapitalSouth name, giving the bank a total of three locations in Jacksonville and greatly increasing the convenience available to clients in the market.

"CapitalSouth Bank's focus is providing clients with the best service possible," said Dan Puckett, Chairman and CEO of CapitalSouth. "This new location will help us deliver on that promise. We are not a traditional bank; we are a business bank. Our people have the expertise to look beyond the numbers, and the flexibility to consider all of the factors that make businesses work."

A Great Place to Work

Currently, CapitalSouth's Mandarin, Deerwood and Jacksonville Beach locations are home to over 35 employees. The company plans to open a fourth branch in San Marco this December. Fred Coble, Jacksonville City President, CapitalSouth said that he is pleased with the success that CapitalSouth Bank has enjoyed since entering the Jacksonville market. "We're very grateful for the support and confidence of our clients and are looking forward to continued growth he
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SOURCE CapitalSouth Bank
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