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January 30, 2012

Capitol Bancorp Completes the Divestiture of Its Interest in Colorado-based Mountain View Bank of Commerce   pdf file

LANSING, Mich., and PHOENIX, Ariz.: January 30, 2012: Capitol Bancorp Limited (OTCQB: CBCR) announced today that it has completed the sale of its interest in Mountain View Bank of Commerce to Lincoln, Nebraska-based NBC Bancshares, led by CEO Lee R. Stuart.

January 20, 2012

Capitol Bancorp Announces Results of Reconvened Annual Meeting   pdf file

LANSING, Mich., and PHOENIX, Ariz.: January 20, 2012: Capitol Bancorp Limited (“Capitol”) (OTCQB: CBCR) announced today the results of its reconvened annual meeting of shareholders held on Wednesday, January 18, 2012. More than 70 percent of Capitol’s outstanding shares voted on the shareholder proposals. As recommended by the board of directors, the majority of votes cast were against the proposals, with 64 percent voting against the proposal to amend Capitol’s articles of incorporation to require majority voting for the election of directors, more than 78 percent voting against the proposal to redeem the preferred stock purchase rights under Capitol’s tax benefits preservation plan, nearly 76 percent voting against the proposal to implement a policy requiring that the board of directors be comprised of a two-thirds majority of independent directors, and more than 74 percent voting against the declassification of the board of directors.


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