SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* JOHNS LEWIS D (Last) (First) (Middle) 316 E. MICHIGAN AVE. (Street) LANSING MI 48933 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol CAPITOL BANCORP LTD [ CBC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 02/24/2004
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								64,287	D
Common Stock								39,255	D
Common Stock								28,468	D
Common Stock								2,526	D
Common Stock								43,268	I	IRA
Common Stock								630	I	Grandchildren's Trust
Common Stock								1,530	I	Grandchildren's Trust
Common Stock								900	I	Grandchildren's Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (right to buy)	$12.62							05/04/2000	09/24/2006	Common Stock	404		404	D
Option (right to buy)	$13.48							05/04/2000	09/30/2006	Common Stock	452		452	D
Option (right to buy)	$10.85							05/04/2000	01/31/2007	Common Stock	251		251	D
Option (right to buy)	$12.5							05/04/2000	04/07/2007	Common Stock	14		14	D
Option (right to buy)	$11							07/01/2001	07/01/2007	Common Stock	2,516		2,516	D
Option (right to buy)	$13.5							12/31/2002	01/01/2009	Common Stock	1,432		1,432	D
Option (right to buy)	$22.86							12/31/2003	01/01/2010	Common Stock	852		852	D
Option (right to buy)	$20.9							04/09/2003	05/21/2009	Common Stock	2,101		2,101	D
Option (right to buy)	$20.9							04/09/2003	08/01/2010	Common Stock	381		381	D
Option (right to buy)	$25.92							(1)	07/01/2007	Common Stock	150		150	D
Option (right to buy)	$28.75	02/24/2004		A		733		12/31/2004	01/01/2011	Common Stock	733	$0	733	D

Explanation of Responses:

1. The options are exercisable upon vesting, which is contingent on attendance and participation at board of directors and committee meetings.

Remarks:

	Lewis D. Johns	02/24/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.