National Capital Bank of Washington (NACB) in D.C. has hired a chairman and chief executive.
The $423 million-asset bank said Thursday that it had appointed Robert Comstock, its legal counsel, to succeed Richard Didden Sr., who recently died. Comstock, who will continue to provide legal advice for in-house matters, has been a National Capital director for 15 years and chaired its executive committee several times.
Comstock brings with him extensive experience in community banking, having been chairman and CEO of Baltimore Bank and Metropolitan Federal Savings and Loan.
National Capital also named Jeffrey Karafa to the newly created position of chief financial officer. He most recently was chief operating officer and CFO at Bank of Michigan in Farmington Hills. Before that, he was head of operations and CFO of Fidelity Bank in Dearborn, Michigan. Regulators closed Fidelity in 2012.