On September 29, 2026, Capital Bancorp Inc. announced that its wholly owned subsidiary, Capital Bank, N.A., entered into a purchase and assumption agreement to sell its North Riverside, Illinois branch office. A third-party financial institution will acquire the branch's assets, including approximately $123.9 million in deposits as of June 30, 2026, and assume associated liabilities. The transaction includes an estimated deposit premium of $3.3 million and payment for the unpaid principal balance of transferred loans. Specific loan details are to be determined within 30 days, with consummation subject to regulatory approvals. Capital Bancorp Inc. operates in the banking industry as a financial holding company.
