Washington, D.C.-based Industrial Bank, fresh off a $2.2 million property sale in late December, is now mulling which of several other properties it owns to put on the market as part of a capital raise over the next two years. The bank hopes to generate about $10 million from the sale of several properties. The bank's President and CEO B. Doyle Mitchell, Jr. expects the money to help pay for ongoing branch renovations and potential expansion. "It's not going to bring all the capital into the bank right away," Mitchell said. "We are going to take it slowly and hope the market doesn't take a downturn against us.” Mitchell says the bank will do what it can to make sure the projects developed on lots are compatible with their communities.