Capital Bancorp unit Capital Bank agrees to sell North Riverside, Illinois branch with USD 123.9 million deposits

Bitget2026/09/30 13:01

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Capital Bancorp’s Capital Bank signed a purchase and assumption agreement to sell its North Riverside, Illinois branch.
Transaction includes the branch office, selected loans, other assets, and related deposit and other liabilities.
Deposits at the branch totaled about $123.9 million as of June 30, 2026.
Based on that deposit mix, the bank would have received an estimated $3.3 million deposit premium.
Closing requires customary conditions, including regulatory approvals; loan selection to be finalized within 30 days of signing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capital Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001419536-26-000148), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Capital Bancorp unit Capital Bank agrees to sell North Riverside, Illinois branch with USD 123.9 million deposits

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