Board of Directors

Stephen N. Ashman
Chairman of the Board

Stephen Ashman is Chairman of the Board of Capital Bank and its holding company, Capital Bancorp, Inc. He is also a Board member of Williams Industries, Inc., and serves on the advisory boards of several venture, mezzanine, and hedge funds.

Mr. Ashman received a B.A. in Accounting from the University of Florida and an M.B.A from the University of Miami. He serves on the Board of Directors of the Atlas Performing Arts Center and is active in several other charitable organizations.


Ed Barry
Chief Executive Officer

Ed Barry is Chief Executive Officer at Capital Bank. Prior to joining Capital Bank, Mr. Barry served as Senior Vice President Product, Marketing and Analytics, Small Business/Business Banking for Capital One Financial Services and led strategic marketing initiatives for Bank of America and Ernst & Young.

Mr. Barry received a B.S. in Industrial Relations from Cornell University and an M.B.A. in Marketing and Finance from the University of Virginia.


Jerome Bailey

Jerome Bailey is currently Managing Member of Bailey Real Estate Holdings, LLC in Washington, DC. Bailey Real Estate Holdings, LLC develops residential and commercial real estate and has assisted the District of Columbia’s initiative to house homeless, transitional, and disabled families by offering affordable housing to low-to-moderate income residents. Mr. Bailey is also a Managing Member of Redwood Ventures, LLC, a full service development and construction firm focused on redeveloping neglected and underutilized residential and commercial buildings throughout the District. In addition, he is a Managing Member of Smith Commons, LLC a restaurant and bar located in the H Street corridor.

Bailey received a BA from Howard University with a concentration in Actuarial Science.


Scot R. Browning



Scot Browning is President of Capital Bank. Mr. Browning currently serves on the Board of Directors of the Community Ministries of Rockville and Co-Chairs the Corporate Development Committee. He serves on the Board of Rockville Economic Development.  Mr. Browning is also the District Chair and member of Stetson University's Alumni Board and has recently become a member of the UMUC Graduate Financial Management & Accounting Programs Advisory Board. He has served as a member on the Board of the Rockville Chamber of Commerce, Chairman of a local Cub Scout pack and he coached HCYP girls basketball teams.

Mr. Browning is a graduate of Stetson University with a major in economics and finance. He has been involved in lending in the DC Metro area since 1985 and with Capital Bank since 2002.


Michael J. Burke

Michael Burke is a principal in Yorke, Burke & Lee, a CPA firm based in Gaithersburg, MD. The firm provides accounting and tax services for individuals, business entities and tax exempt organizations. Mr. Burke is also CFO of Sigma Holdings International, Inc., which provides physical security consulting services to US and international business and government entities.

Mr. Burke received a B.S. in Accounting from the University of Maryland. He serves as Treasurer of Computer Security Apparatus, Inc. and is on the Board of Directors and Chairman of the Audit Committee of the National Foundation for Cancer Research. In addition, Mr. Burke serves as Chief Administrative Officer for the Sovereign Military Order of Jerusalem. In addition to serving on the Board of Directors, Mr. Burke is also Chairman of the Audit Committee of Capital Bank.


Rory S. Coakley

Rory Coakley is President of Coakley Realty, Inc., which provides property management, leasing, appraisal and brokerage of commercial and residential real estate in Maryland, Virginia, and the District of Columbia.

Mr. Coakley received a B.S. in Finance from Georgetown University and a M.S. in Real Estate and Urban Development from American University. He serves as chairman of development for Community Ministries of Rockville, and is also a member of the Board of Trustees of Georgetown Preparatory School. In addition to serving on the Board of Directors, Mr. Coakley is also Chairman of the Marketing Committee of Capital Bank.


Jody M. Greene

Jody M. Greene is President & CEO of two successful companies in the Washington DC area. Greene & Associates is an organization that speculates, developes and renovates commercial and residential properties in Washington, D.C., New York, South Carolina and Georgia. First Choice, Inc. is a promotional marketing firm that brokers U.S. and imported products with a focus on high-end companies such as CBS Sports, NBA, NFL and The Smithsonian.

Mr. Greene is a graduate of Savannah State University in Georgia. He served as a Capital Bank Advisory Board Member for 10 years prior to becoming a member of the Board of Directors.


Wayne A. Harrison

Wayne Harrison is the owner and President of H.T. Harrison & Sons, Inc., a roofing contracting establishment. He is also owner and President of W.A. Harrison, Inc., which specializes in residential and commercial maintenance and repair.

Mr. Harrison received a B.A. in Economics from West Virginia Wesleyan College. He is President and a Board member of the Maryland Million. In addition, Mr. Harrison is the owner and President of Twin Oaks Stable and Board member of East West Communications.


Li-Min Lee

Li-Min Lee is a partner in Yorke, Burke & Lee, a CPA firm based in Gaithersburg, MD. The firm provides accounting and tax services to business, not-for-profit organizations and individuals.

Ms. Lee received a B.A. in Accounting from National Cheng Kung University in Taiwan and an M.B.A. from California State University at Long Beach. She serves as Treasurer of the alumni foundation of National Cheng Kung University.


Randall J. Levitt

Randall Levitt received a B.A. (with honors) from Brandeis University and a J.D. from Yale Law School. He serves on the Board of Directors of the Jewish Federation of Greater Washington and the Executive Committee of the Jewish Institute for National Security Affairs.


Steven J. Schwartz

Steven Schwartz is the Portfolio Manager of Prudent Capital which invests in profitable, later-stage operating businesses. Mr. Schwartz is an attorney and certified public accountant involved in investment and management of companies in a variety of industries, including property management, broadcasting, telecommunications, software development, and wholesale distribution.

Mr. Schwartz is a graduate of the University of Maryland.


James F. Whalen




James Whalen is President and owner of Investment Properties, Inc., a commercial real estate development and asset management firm.

Mr. Whalen received a B.S. in Finance from the University of South Carolina. In addition to serving on the Board of Directors, he is also Chairman of the Loan Committee of Capital Bank.


Frank E. Williams

Frank Williams, Jr. is Chairman and principal owner of Williams Enterprises of Georgia, a holding company controlling six subsidiaries active in various facets of the steel industry. Mr. Williams is also the principal owner of Structural Concrete Products and Industrial Alloy Fabricators, LLC.

Mr. Williams graduated from Georgia Institute of Technology with a Bachelor of Civil Engineering. He has held leadership positions in numerous construction-related industrial and trade organizations. He serves on the Board of the AAA Mid-Atlantic Region.





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