Capital Bancorp to sell North Riverside, Illinois branch with $123.9 million deposits
Capital Bank, N.A., a subsidiary of Capital Bancorp, signed an agreement on September 29, 2026 to sell its North Riverside, Illinois branch to another financial institution, which will also take certain loans, other assets, and deposit and other liabilities tied to the branch. The Bank would have received a deposit premium of about $3.3 million based on June 30, 2026 deposits, and the transaction is subject to customary closing conditions and regulatory approvals.
Key points
- Branch held about $123.9 million in deposits at June 30, 2026
- Estimated deposit premium of about $3.3 million, based on June 30, 2026 deposit composition
- Bank will receive a payment equal to the unpaid principal balance of transferred loans; loans to be purchased are to be determined within 30 days of the agreement
- Closing requires regulatory approvals; Luse Gorman, PC is legal counsel to the Bank
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.