EX-99.1

Bank of America Financials Conference

November 2013

Exhibit 99.1

Safe Harbor Statement

Forward-Looking Statements

Information in this presentation contains forward-looking statements. Any statements about our expectations, beliefs, plans,

predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-

looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,”

“believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,”

“expects,” “intends” and similar words or phrases. Accordingly, these statements are only predictions and involve estimates,

known and unknown risks, assumptions and uncertainties that could cause actual results to differ materially from those

expressed in them. Our actual results could differ materially from those anticipated in such forward-looking statements as a

result of several factors more fully described under the caption “Risk Factors” in the annual report on Form 10-K and other

periodic reports filed by us with the Securities and Exchange Commission. Any or all of our forward-looking statements in this

presentation may turn out to be inaccurate. The inclusion of this forward-looking information should not be regarded as a

representation by us or any other person that the future plans, estimates or expectations contemplated by us will be achieved.

We have based these forward-looking statements largely on our current expectations and projections about future events and

financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs.

There are important factors that could cause our actual results, level of activity, performance or achievements to differ

materially from the results, level of activity, performance or achievements expressed or implied by the forward looking

statements including, but not limited to: (1) changes in general economic and financial market conditions; (2) changes in the

regulatory environment; (3) economic conditions generally and in the financial services industry; (4) changes in the economy

affecting real estate values; (5) our ability to achieve loan and deposit growth; (6) the completion of future acquisitions or

business combinations and our ability to integrate the acquired business into our business model; (7) projected population

and income growth in our targeted market areas; and (8) volatility and direction of market interest rates and a weakening of

the economy which could materially impact credit quality trends and the ability to generate loans. All forward-looking

statements are necessarily only estimates of future results and actual results may differ materially from expectations. You are,

therefore, cautioned not to place undue reliance on such statements which should be read in conjunction with the other

cautionary statements that are included elsewhere in this presentation. Further, any forward-looking statement speaks only as

of the date on which it is made and we undertake no obligation to update or revise any forward-looking statement to reflect

events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.

The Capital Bank Story

Building Premier Commercial Lending Platform

Remixing Deposits, Driving Down Costs

Earnings Leveraged to Resolving Legacy Loans

Driving Towards 1.0% ROA

Targeting Low Double-digit ROTCE

ROA = Return on Assets ROTCE = Return on Tangible Common Equity.

Significant Upside Potential vs. Selected Peers

Projected

Population

Assets ($ bn)

Growth

ROAA

TCE

ROTCE

P/TBV

BankUnited

14.3

3.4%

1.59%

12.8%

12%

1.7

BancorpSouth

12.9

3.3%

0.77%

9.4%

1.8

IBERIABANK

13.1

3.9%

0.72%

8.6%

1.6

Trustmark

11.8

1.3%

1.12%

8.0%

15%

2.0

United Bankshares

8.5

1.4%

1.05%

7.8%

14%

2.4

Pinnacle

5.4

7.8%

1.10%

9.0%

13%

2.4

Average

11.0

3.5%

1.06%

9.3%

12%

2.0

Capital Bank

6.6

4.8%

0.69%

14.8%

1.2

Peers selected based on Southeast presence and asset size. Data as of 3Q13, P/TBV as of 11/6/2013. Source: SNL.

The Capital Bank Story

Core ROAA

From ‘blind pool’

to $6.6 billion ‘strategic’

bank in three years

See reconciliation of non-GAAP measures in appendix.

Source: SNL Financial

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

2010

2011

2012

1Q13

2Q13

3Q13

Target

Seven Acquisitions, One Bank

Merged all acquisitions into single

national charter: Capital Bank, NA

Integrated onto single scalable

processing platform

Branded all retail stores Capital Bank

Centralized all back-office functions

Rolled out uniform products, pricing, and

management practices across the

footprint

Established a common culture of

performance, accountability, and

compliance

Generating New Loans Organically

$ in millions

Non-legacy loans are up 37% year-to-

date, as we have built new

relationships with commercial and

consumer borrowers

New loan originations up 68% y/y to

$291 mm in 3Q13

As originations continue to grow and

resolutions decline over time, strong

portfolio growth should emerge

Originated Loan Portfolio

500

1,000

1,500

2,000

2,500

12/31/10

12/31/11

12/31/12

9/30/13

Improving Lender Productivity

Number of commercial bank salespersons

Our goal is to create a premier

commercial lending platform for

Southeastern middle-market and small

businesses

We “topgrade”

the salesforce by

recruiting experienced lenders to

supplement the existing team

23% Y/Y increase in commercial loan production

4Q12

1Q13

2Q13

3Q13

New Hires

Legacy Employees

Building Diversified Book of Strong Credits

Originated commercial loan portfolio as of

9/30/2013, by borrower industry

Excludes all acquired loans.

We are calling on some

of the strongest middle

market businesses in the

Southeast, across a wide

range of industries

We’re focused on quality:

At September 30, 2013,

total non-accruals were

only 0.5% of our newly

originated book

Participations account for

less than 15% of newly

originated loans, and we

only participate when we

have direct relationships

with the issuer’s

management

Retail Trade

16%

Other Services

15%

Manufacturing

15%

Construction /

Real Estate

12%

Wholesale Trade /

Transportation /

Warehousing

10%

Accommodation

and Food Services

Health Care and

Social Assistance

Finance and

Insurance

Arts,

Entertainment, and

Recreation

Other

10%

Aggressively Resolving Problem Loans

Year-to-date, we’ve reduced the Special

Assets portfolio by 28%

Legacy credit expense down 36% y/y

Special Assets*

$ in mms

*Net of charge-offs, prior to marks. Reflects addition of Southern Community in 4Q12.

200

400

600

800

1,000

1,200

3Q12

4Q12

1Q13

2Q13

3Q13

779

895

1,085

986

854

-28%

Remixing Core Deposits to Drive Down Costs

Core Deposit Mix

We’re building a quality deposit franchise with a focus on low-cost funds and sticky relationships

Capital Bank is 97% deposit funded

70% of total deposits are core deposits

Deposit Costs vs. Peers

Noninterest

Checking

25%

Interest

Checking

35%

Savings /

MMDA

40%

0.39%

0.25%

0.15%

0.14%

2011

2012

1Q13

2Q13

3Q13

CBF Core

Average Peer Core

Steadily Growing Checking Accounts

Sequential change in total checking accounts

Excludes addition of checking accounts from Southern Community in October 2012.

We believe checking accounts are the

lowest-cost and stickiest source of funds

Our consumer bank leadership team

drives performance through

measurement, coaching, and incentives

Checking accounts now growing steadily

following scrubbing of dormant and

unprofitable accounts

(1,500)

(1,000)

(500)

500

1,000

Third Quarter Highlights

Reported GAAP net income of $11.4 mm, or $0.22 per diluted share

Reported record core net income of $12.7 mm, or $0.24 per diluted share, up 49% y/y

Core ROAA improved to 0.76%, up from 0.56% in 3Q12

Originations up 68% y/y to $291 mm

NIM expanded to 4.45%, with the cost of deposits falling sequentially from 0.43% to 0.38%

Repurchased $13 mm of stock at weighted average price of $21.50 per share

Strongly capitalized with 14.5% tier 1 leverage

TBV per share improved to $18.33 primarily on re-estimation of Southern Community day one loan mark

Fully marked TBV per share $20.67

See reconciliation of non-GAAP measures in appendix.

Portfolio Growth Impacted by Paydowns

The loan portfolio declined by $122

mm during 3Q13

Commercial real estate payoffs

declined to $79 mm from $114 mm in

Collections and foreclosures on

Special Assets loans totaled $76 mm

Loan Portfolio*

CRE Concentration

*Carrying value. **As of 6/30/2010, prior to purchase accounting.

$ in mms

Other Paydowns

$ in mms

4,599

4,477

291

-79

-76

-259

49%

35%

31%

29%

2010**

2011

2012

3Q13

C&I Payoffs

41%

C&I

Paydowns

25%

Resi /

HELOC

25%

Consumer /

Other

NIM Improves Sequentially

The net interest margin expanded by 13

bps in the quarter, as lower yields on

loans were more than offset by lower

deposit costs and higher securities yields

Loan yields were steady as the effect of

originating new loans at lower yields was

offset by additional accretion on the

legacy portfolio

Net Interest Margin

Yields

6.28%

6.12%

6.25%

5.96%

5.93%

4.52%

4.27%

4.38%

3.98%

1.63%

1.28%

1.43%

1.40%

1.50%

3Q12

4Q12

1Q13

2Q13

3Q13

All

Loans

New Loans

Investments

Consistent Asset Sensitive Positioning

Cumulative 2-year Net Interest Income Change*

Capital Bank has remained consistently asset sensitive over the last 18 months

Asset duration reflects moderate duration in securities portfolio and high proportion of variable rate loans

Liability

duration

reflects

core

deposit

balances

and

long

terms

legacy

CDs

* Bank level, does not include TRUPs.

Source: Capital Bank ALCO model as of September 30, 2013

Economic

Value*

($ bn)

Effective

Duration

Investments

1.2

3.1

Loans

4.6

0.9

Other Assets

0.9

Total Assets

6.8

1.2

Core Deposits

3.7

3.0

CDs

1.6

1.3

Borrowings

0.1

2.4

Other liabilities

0.1

Total Liabilities

5.4

2.5

-15%

-10%

-5%

10%

15%

20%

+ 300 b.p.

-100 b.p.

Core Noninterest Income Rises Y/Y

Excluding FDIC asset accretion, core

noninterest income increased by $1.4

mm sequentially and $3.0 mm y/y

Deposit service charges, debit fees,

and wealth management revenues

were up y/y reflecting slow but steady

progress on the part of the consumer

bank

Mortgage fees declined slightly due to

higher interest rates. Secondary

mortgage loans originated declined

from $58 mm in 2Q to $41 mm in 3Q

Core Noninterest Income

$ in mms

See reconciliation of non-GAAP measures in appendix.

12.8

15.1

13.1

14.4

15.8

-5

3Q12

4Q12

1Q13

2Q13

3Q13

FDIC indemnification asset (IA)

Non-core adjustments

Core noninterest income, ex FDIC IA

$ in mms

3Q12

2Q13

3Q13

Services charges on deposits

5.1

6.3

6.0

Debit card income

2.4

3.0

2.9

Fees on mortgage loans sold

1.6

1.5

Investment advisory and trust fees

0.3

0.4

0.7

Other

3.4

3.1

4.7

Total

12.8

14.4

15.8

FDIC indemnification asset

0.9

(1.1)

(0.5)

Total core noninterest income

13.6

13.3

15.3

Keeping Expenses Contained

Total noninterest expense is down 15% over the last year, back to pre-Southern Community levels

Noninterest Expense

$ in mms

See reconciliation of non-GAAP measures in appendix.

Legacy Credit Expense

3Q12

4Q12

1Q13

2Q13

3Q13

Non-core adjustments

REO expense

Core non-interest expense, before REO

-15%

15.7

12.0

10.0

3Q12

2Q13

3Q13

-36%

Illustrative Roadmap to Higher ROTCE

We are targeting low double-digit

ROTCE, consistent with peers

We are working to improve ROA by

generating positive loan portfolio

growth, resolving legacy problem loans,

improving fee income, and managing

costs

We plan to deploy excess capital over

time through acquisitions and/or by

returning to investors

We are targeting a tier 1 ratio of

approximately 8% once our operating

agreement expires

We may issue perpetual preferreds to

optimize regulatory capital, consistent

with guidance

10%

12%

14%

16%

3Q13 Core

ROTCE

Improve

ROAA to

Deploy

excess

capital to

10%

leverage

ratio

Target 8%

leverage

ratio

Optimize

Preferred

Fully

Deployed

ROTCE

Peer Average

3Q13: 13%

The Capital Bank Story

Building Premier Commercial Lending Platform

Remixing Deposits, Driving Down Costs

Earnings Leveraged to Resolving Legacy Loans

Driving Towards 1.0% ROA

Targeting Low Double-digit ROTCE

ROA = Return on Assets ROTCE = Return on Tangible Common Equity. See appendix for core reconciliation.

Appendix

Fully-Marked Tangible Book Value, TCE, and ROTCE

$ in millions

Fair Value

Carrying

Value

Difference

Financial Assets

6,075

5,877

199

Financial Liabilities

5,434

5,432

Net

641

444

197

Net, net of tax affect

123

Plus tangible book value

961

Fully-marked tangible book value

1,084

Shares outstanding

52.4

Fully marked TBV / share

$20.67

See note 14 to the financial statements.

TCE Ratio Calculation

ROTCE Calculation

$ millions

3Q13

Tangible Common Equity

951

Net Income

Tangible Assets

6,444

Tangible Common Equity

951

TCE Ratio

14.8%

ROTCE

TCE Calculation

Shareholders' equity

1,108

Less: Preferred stock

Less: Goodwill and intangible assets, net

(157)

Tangible common shareholders' equity

951

September 30,2013

Tangible and Fully-marked Tangible Book Value

The methods and assumptions used to estimate fair value of financial instruments are described as follows:

Carrying amount is the estimated fair value for cash and cash equivalents, receivable from FDIC, derivatives, noncontractual demand

deposits and certain short-term borrowings. As it is not practicable to determine the fair value of Federal Reserve, Federal Home Loan Bank

stock, indemnification asset and other bankers’ bank stock due to restrictions placed on transferability, the estimated fair value is equal to

their carrying amount. Security fair values are based on market prices or dealer quotes, and if no such information is available, on the rate

and term of the security and information about the issuer including estimates of discounted cash flows when necessary. For fixed rate loans

or contractual deposits and for variable rate loans or deposits with infrequent repricing or repricing limits, fair value is based on discounted

cash flows using current market rates applied to the estimated life, adjusted for expected credit risk. Fair values for impaired loans are

estimated using discounted cash flow analysis or underlying collateral values. Fair value of long-term debt is based on current rates for

similar financing.

The fair value of off-balance sheet items that includes commitments to extend credit to fund commercial, consumer, real estate construction

and real estate-mortgage loans and to fund standby letters of credit is considered nominal.

The most significant difference between carrying value and estimated fair value of financial instruments is the differential between the

carrying value and estimated fair value of our loan portfolio. As described in Note 14 to the Company’s Consolidated Financial Statements

for the period ending September 30, 2013, the estimated fair value of loans exceeded their carrying value by approximately $198.3 million.

This difference arises as acquired loans were initially recorded at acquisition date fair values which incorporated management’s expectation

of lifetime credit losses. As our loan cash flow expectations and experience has generally improved from our original expectations and the

market interest rates for similar instruments have generally declined, our estimates of fair value have increased. These estimates utilize

discounted cash flows as a primary valuation approach incorporating collateral value, prepayment and credit risk (including consumer credit

scores where applicable) along with the LIBOR/Swap curve for market interest rates. For loans with higher credit risk ratings, incremental

spreads were added for credit and liquidity factors. Estimated fair values for commercial loans were determined using syndicated loan prices

and spreads, survey data from the Federal Reserve e2 release, and rated corporate bonds. The Company’s internal risk ratings were

mapped to the Federal Reserve e2 and Moody’s rating categories. Estimated fair values for commercial real estate loans also incorporated

commercial mortgage backed security securitization prices and spreads. Estimated fair values for consumer loans were determined using

product-specific survey rate data from a leading provider of financial information. Estimated fair values for residential mortgage loans were

determined using mortgage backed security option-adjusted spreads, with incremental spreads added credit and liquidity. Credit spreads

were sourced from third party survey data of mortgage banking activities from a leading provider of financial information.

Tangible Book Value

(In thousands, except per share data)

September 30, 2013

Total common shareholders' equity

$1,107,825

Intangibles, net of taxes

(147,061)

Tangible book value

$960,764

Common shares outstanding

52,419

Tangible book value per share

$18.33

* Tangible book value is equal to book value less goodwill and core deposit intangibles, net

of related deferred tax liabilities.

Reconciliation of Core Noninterest Income / Expense

$ in millions

Core non Interest Income

3Q13

2Q13

1Q13

4Q12

3Q12

Net interest income

$65.4

$67.1

$67.7

$60.3

Reported non interest income

15.3

13.5

10.9

15.4

20.3

(-)Securities / Purchase Gains

(0.1)

0.2

–

0.0

4.9

(-)Insurance settlement gain

–

1.8

Core non interest income

$15.3

$13.3

$10.9

$15.4

$13.6

Reported non interest expense

$59.3

$59.4

$61.3

$68.7

$69.4

(-) Conversion expenses

0.0

0.1

0.0

2.4

4.2

(-) Stock compensation

1.1

1.4

1.6

3.8

4.2

(-) Extinguishment debt

(0.4)

–

0.3

–

2.9

(-) CVR Valuation

(0.8)

0.4

2.9

0.4

(0.1)

(-) Insurance settlement expense

–

1.8

(-) Intangible impairment

–

0.2

–

(-) Legal fees

(0.0)

0.0

0.1

0.5

Core non interest expense

$59.3

$57.5

$56.4

$61.8

$55.9

*Core fee ratio

19.0%

16.9%

14.0%

18.6%

**Core efficiency ratio

73.5%

73.1%

72.3%

74.4%

75.5%

*Core fee ratio: core noninterest income / (net interest income + core noninterest income)

**Core efficiency ratio: core noninterest expense / (net interest income + core noninterest income)

Reconciliation of Core Net Income

$ in millions

Quarter

Ended

3Q13

2Q13

3Q12

$11.4

$9.4

$37.8

Pre-Tax

After-tax

Pre-Tax

After-tax

Pre-Tax

After-tax

Non-Interest Income

Security gains

0.1

(0.2)

(0.1)

(4.9)

(3.0)

Non-Interest Expense

1.1

0.7

1.3

0.8

4.3

2.6

0.1

3.2

1.9

(0.8)

0.4

(0.1)

1.5

1.6

(34.0)

(0.4)

(0.3)

3.0

1.8

Tax effect of adjustments*

(0.3)

N/A

(0.4)

N/A

(36.3)

N/A

$12.7

$10.6

$8.5

Average Assets

$6,681

$6,964

$6,199

Tangible Common Equity

$951

$945

$996

**Core ROAA

0.76%

0.61%

0.55%

***Core ROTCE

5.3%

4.5%

3.4%

*Tax effected at an income tax rate of 39%

**Core ROAA: Annualized core net income / average assets

***Core ROTCE: Annualized core net income / tangible common equity

Net income

Adjustments

Core Net Income

Non-cash equity compensation*

Conversion and severance expense

(conversion and salary / employee benefits)*

Tax adjustment

CVR (other expense)

Legal and merger (professional fees)

Loss on extinguishment of debt*