Preston Pinkett, President and CEO of City National Bank, says the bank is continuing to recover from the financial crisis. Pinkett was brought in about three years ago to plot a new course for the bank, which has been operating under a consent order from the OCC since 2009. Although City National faces challenges in loans and deposits, Pinkett noted the bank's progress in reducing problem assets. "We do see light at the end of the tunnel, and it's not another train," he said. Pinkett is planning a private offering to raise more capital for the bank before the end of the year.