Exhibit 99b to
Form 8-K filed
November 19, 2001
SLIDE SHOW SUMMARIZING
CAPITOL BANCORP AND
SUN COMMUNITY BANCORP:
PROPOSED SHARE EXCHANGE
NOVEMBER 19, 2001
Slide 1:
This presentation contains certain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements include expressions such as "expects," "intends," "believes" and
"should" which are necessarily statements of belief as to the expected outcomes
of future events. Actual results could materially differ from those presented
due to a variety of internal and external factors. Actual results could
materially differ from those contained in or implied by such statements. Capitol
Bancorp Limited undertakes no obligation to release revisions or report events
or circumstances after the date of this presentation. Additional information
concerning factors that could cause actual results to differ materially from
those in the forward-looking statements is contained from time to time in the
Corporation's SEC filings, including but not limited to the Corporation's report
on Form 10-K for the year ended December 31, 2000; the Corporation's reports on
Form 10-Q; and other filings. Copies of these filings may be obtained by
contacting the Corporation or the SEC.
Slide 2:
Capitol Bancorp: Focus & Execution
* Community Orientation
* Business Market Sophistication
* Geographic Diversification
* Public Market Consolidation
* Core Earnings Generation
Slide 3:
* Exchange Ratio: 0.734 CBCL for each SCBL
* Accounting Treatment: Purchase
* New CBCL Shares to be Issued: 2.7 million
* Pro Forma CBCL Shares: 10.5 million
* "Integration Risk": Not Applicable
Slide 4:
* Improved Trading Environment
>> increased liquidity
>> increased public float
* Enhanced Capital Management Flexibility
>> consolidation of public ownership
>> improves equity allocation to higher growth markets
>> expands choices for building shareholder value
* Market Neutral Exchange
>> both Capitol and Sun retain embedded upside potential
>> all shareholders are partners in this venture
Slide 5:
CBCL Pro Forma % Change
---- --------- --------
* Share Base: 7.8 million 10.5 million @35%
* Market Cap: $110 million $150 million @35%
* Public Float: 5.5 million 7.9 million @45%
* For Sun Shareholders:
>> enhance liquidity
>> receive a dividend-paying currency
>> exchange on a tax-free basis
Slide 6:
CBCL Pro Forma
9/30/01 per S-4 filing
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* Book Value: $9.96 $11.04
* Equity/Assets: 3.94% 5.87%
* Capital Funds/Assets: 9.80% 10.10%
Slide 7:
* Translate our revenue and earnings growth into a market capitalization
consistent with high growth, community-oriented, business-focused
institutions
* Optimize the translation of Sun's emerging bank affiliates' earnings
performance into share valuation
* Distill depth and scalability of corporate functions
* The operating philosophies and working cultures of our Company will not
change
Slide 8:
Currently Pro Forma
--------- ---------
Total Affiliates: 27 27
Total Banking Assets: $2 billion $2 billion
100%-Owned Affiliates: 10 15
80+%-Owned Affiliates: 1 4
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11 19
Slide 9:
Smaller Banks . . .Bigger Service