Exhibit 31.01
                                  CERTIFICATION

I, B. Grant Yarber, certify that:

     1.   I have  reviewed  this annual  report on Form  10-K/A of Capital  Bank
          Corporation;

     2.   Based on my  knowledge,  this  annual  report,  as  amended,  does not
          contain  any untrue  statement  of a material  fact or omit to state a
          material fact necessary to make the  statements  made, in light of the
          circumstances  under which such  statements  were made, not misleading
          with respect to the period covered by this annual report, as amended;

     3.   Based on my knowledge,  the financial statements,  and other financial
          information included in this annual report, as amended, fairly present
          in  all  material  respects  the  financial   condition,   results  of
          operations  and  cash  flows of the  registrant  as of,  and for,  the
          periods presented in this annual report, as amended;

     4.   The registrant's  other certifying  officers and I are responsible for
          establishing  and maintaining  disclosure  controls and procedures (as
          defined in Exchange Act Rules  13a-15(e) and  15d-15(e))  and internal
          controls  over  financial  reporting (as defined in Exchange Act Rules
          13a-15(f) and 15(d) - 15(f)) for the registrant and have:

          a.   designed such disclosure controls and procedures,  or caused such
               disclosure  controls  and  procedures  to be  designed  under our
               supervision,  to ensure that material information relating to the
               registrant,  including  its  consolidated  subsidiaries,  is made
               known to us by others within those entities,  particularly during
               the period in which this  annual  report,  as  amended,  is being
               prepared;

          b.   designed  such  internal  control over  financial  reporting,  or
               caused such  internal  control  over  financial  reporting  to be
               designed under our supervision,  to provide reasonable  assurance
               regarding the reliability of financial  reporting and preparation
               of financial  statements for external purposes in accordance with
               generally accepted accounting principles;

          c.   evaluated  the  effectiveness  of  the  registrant's   disclosure
               controls and procedures  and presented in this annual report,  as
               amended,   our  conclusions   about  the   effectiveness  of  the
               disclosure  controls and procedures,  as of the end of the period
               covered  by  the  annual  report,  as  amended,   based  on  such
               evaluation;

          d.   disclosed in this annual  report,  as amended,  any change in the
               registrant's  internal  control  over  financial  reporting  that
               occurred during the registrant's  most recent fiscal quarter (the
               registrant's  fourth  fiscal  quarter  in the  case of an  annual
               report) that has materially affected,  or is reasonably likely to
               materially  affect,   the  registrant's   internal  control  over
               financial reporting; and

     5.   The registrant's other certifying officers and I have disclosed, based
          on our most recent  evaluation  of  internal  control  over  financial
          reporting,  to the  registrant's  auditors and the audit  committee of
          registrant's  board of directors (or persons performing the equivalent
          functions):

          a.   all  significant  deficiencies  and  material  weaknesses  in the
               design or operation of internal control over financial  reporting
               which are reasonably  likely to adversely affect the registrant's
               ability  to  record,  process,  summarize  and  report  financial
               information; and

          b.   any fraud,  whether or not material,  that involves management or
               other employees who have a significant  role in the  registrant's
               internal controls over financial reporting.

Date: April 28, 2005


                                           /s/ B. Grant Yarber
                                           -------------------------------------
                                           B. Grant Yarber
                                           President and Chief Executive Officer


                                      -73-