Capital Bancorp unit agrees to sell North Riverside branch with $123.9 million deposits
CBNK•Capital Bank agreed to sell its North Riverside, Illinois, branch, which had about $123.9 million in deposits as of June 30, 2026; based on the deposit mix, the bank would have received an estimated $3.3 million deposit premium.
1. Branch sale agreement
Capital Bank, a unit of Capital Bancorp, signed a purchase and assumption agreement to sell its North Riverside, Illinois, branch. The transaction includes the branch office, selected loans, other assets, and related deposit and other liabilities; the loan selection is to be finalized within 30 days of signing. Closing requires customary conditions, including regulatory approvals.
