ROCKVILLE, Md., July 24, 2019 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $4.0 million, or $0.29 per diluted share, for the second quarter of 2019.

ROCKVILLE, Md. , April 24, 2019 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $3.3 million , or $0.24 per diluted share, for the first quarter of 2019.

ROCKVILLE, Md., March 21, 2019 /PRNewswire/ — Capital Bank, N.A. (“the Bank”) today announced the appointment of Mark Caplan to its Board of Directors.

Mark Caplan is president and Chief Executive Officer of The Time Group, a real estate equity investment firm with interests across multifamily, manufactured housing, and senior living communities. He is the managing member and sole shareholder of Washington Place Equities, and serves as chairman of the Management Committee for WPM Real Estate Group, a real estate management firm.

Mark co-founded Harbor Leasing Associates, an equipment financing business, which has grown to include commercial vehicle financing. Today, the company, known as Madison Capital, is one of the largest independent leasing companies in the country. Mark serves as chairman of the Management Committee for the firm.  Mark was most recently a member of the Board and Chair of the Compensation Committee of Bay Bank, FSB. In April, 2018, Bay Bank was acquired by Old Line Bank.

“We are very pleased to welcome Mark Caplan to our Board of Directors,” says Edward Barry, Chief Executive Officer at Capital Bank N.A. “Caplan has been a staple in helping the Baltimore community and brings extensive local business insight to Capital Bank. His acumen in building a thriving enterprise over decades will serve our small- to mid-sized businesses well.”

Caplan joins Fred Lewis, who became a Board member towards the end of 2018.  “The addition of Caplan and Lewis to our Board demonstrates our commitment to building expertise in the broader territories around the DC metropolitan area, in order to serve our clients in their locations,” adds Barry.

Lewis is founder of The Dominion Group, one of the most active purchasers of distressed properties in Maryland. He provides daily strategic oversight in all The Dominion Group companies with a special focus on operations and finance.

The Dominion Group of Companies includes Dominion Properties, a “fix and flip” renovation company that operates throughout Maryland; Dominion Financial Services, a private lender of single family fix and flip and small commercial loans in 49 states; Dominion Management, a specialized property manager that manages single family houses throughout Maryland; and Dominion is Insurance, a captive insurance company that insures the business risks associated with all the Dominion Group of Companies.

Lewis founded Capitol Graphics, a specialty supplier of imprinted apparel. Lewis continued this imprinted apparel venture after college where he built the enterprise into a national business that was ultimately merged with Logotel, Inc., a national supplier of imprinted apparel.

“We are especially excited about what Caplan and Lewis can bring to Capital Bank and our customers. Both hail from Baltimore. Having them on the Board offers us the opportunity for insight and guidance on how to best help our customers in this region.”

About Capital Bank, N.A.
Capital Bank N.A., headquartered in Rockville, Maryland, is a commercial-focused national banking association that offers commercial and consumer banking services to clients in the Washington, D.C., northern Virginia and Baltimore, Maryland metropolitan areas.  Capital Bank N.A. also has two nation-wide consumer lending brands, Capital Bank Home Loans, a mortgage division that originates conventional and government-guaranteed residential mortgage loans, and OpenSky which provides secured credit cards to under-banked people and those who look to rebuild their credit scores. Capital Bank specializes in adapting traditional and current digitally based banking products to solve its customers’ most pressing needs and providing personalized services; the Bank has total assets greater than $1 billion.

CONTACT: Jessica Lasko, 240-205-7863

SOURCE Capital Bank, N.A.

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ROCKVILLE, Md. , Feb. 08, 2019 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $3.5 million , or $0.25 per diluted share, for the fourth quarter of 2018.

ROCKVILLE, Md., Jan. 17, 2019 /PRNewswire/ — Capital Bank N.A. accepted an Impact Innovation Award at Aite Group’s recent “Innovation in Cash Management and Payments Forum” in New York City. The award was presented to Capital Bank for their innovation in leveraging technology to better serve its small and medium sized business customers.

Aite Group is an independent research and advisory firm focused on business, technology, and regulatory issues and their impact on the financial services industry. The firm developed the Impact Innovation Awards to celebrate financial and technological innovation by financial institutions that inspire others in the industry to follow.

Capital Bank was recognized for an innovative approach to product development with Remote Deposit Capture (RDC) in the small bank category. Partnering with FinTech provider Deluxe Treasury Management Solutions, Capital Bank expanded RDC beyond check deposit with enhanced technologies to include the capture of remittance items and general documents.

Capital Bank enabled a not-for-profit customer to leverage data collected from RDC to create a database of donors that could be electronically parsed between entities and individuals. This allowed the customer to mine its database and gain a better understanding of its primary donors. Capital Bank’s creative approach to another not-for-profit allowed it to use Deluxe’s RDC platform to help small- and mid-sized businesses align check processing with invoice payments, saving the customer an average of six to eight hours a week.

Capital Bank has a proud history of working to make its customers more valuable, with their focus on small and mid-size businesses (SMB). “We recognize this is an underserved market, and continually work with customers both internally and externally —taking their case directly to our underwriting team and to our vendors — to create meaningful products for their businesses,” says Nikhil Bijlani, Vice President of Product Development.

As research shows that 92 percent of small businesses still receive checks, and many deposit their checks at the bank branch, Capital Bank’s innovation in RDC is a welcome addition to a cumbersome process, helping this sector operate more efficiently and profitably.

Adds Bijlani, “This recognition is a great validation of the consultative approach we take at Capital Bank in deploying client-facing technology, and extending the capabilities of the products we offer beyond its generic use.”  He will be delivering a presentation on Capital Bank’s unique approach to servicing its SMB customers at the Deluxe Exchange conference this February.

Capital Bank congratulates the winners across all six of the categories and its peers in being nominated.

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About Capital Bank N.A.

Capital Bank N.A., headquartered in Rockville, Maryland, is a commercial-focused national banking association that offers commercial and consumer banking services to clients in the Washington, D.C., northern Virginia and Baltimore, Maryland metropolitan areas.  Capital Bank N.A. also has two nation-wide consumer lending brands, Capital Bank Home Loans, a mortgage division that originates conventional and government-guaranteed residential mortgage loans, and OpenSky which provides secured credit cards to under-banked people and those who look to rebuild their credit scores. Capital Bank specializes in adapting traditional and current digitally based banking products to solve its customers’ most pressing needs and providing personalized services; the Bank has total assets greater than $1 billion.

ROCKVILLE, Md., Dec. 18, 2018 /PRNewswire/ — Capital Bancorp, Inc. (the”Company”) (NASDAQ:CBNK), the bank holding company for Capital Bank, National Association (the “Bank”), the eighth largest bank headquartered in Maryland, announced that the company has been added to the Russell 2000® index as a part of their quarterly initial public offering (IPO) additions.

ROCKVILLE, Md. , December 12, 2018 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), holding company for Capital Bank, N.A. (the “Bank”), today announced the appointment of Scott Brannan to its Board of Directors.

“We are pleased to welcome Scott Brannan to our Board of Directors, as he brings a wealth of finance and corporate experience to Capital Bank. His guidance and expertise will be instrumental as we continue to grow and serve small to mid-sized businesses in the Mid-Atlantic region,” says Edward Barry, Chief Executive Officer at Capital Bank N.A.

Brannan is Managing Director of the Mitchell & Emily Rales Family Office. Prior to joining the family office, he served as Chief Financial Officer and, prior to that, as Chairman of the Audit Committee of the Board of Directors of Colfax Corporation, a publicly traded industrial manufacturing company operating in over 70 countries. At Colfax, Brannan oversaw the financing of the company’s growth, from less than $1 billion in annual revenue to over $4 billion. He also led financial reporting, treasury, taxation, risk management, investor relations and pensions.

Brannan’s corporate experience also includes over a decade at Danaher Corporation, where he held various positions in finance, including Vice President-Administration & Controller and Chief Accounting Officer. In total, Brannan has participated in over 50 acquisitions, including the strategic analysis, diligence and integration phases. His experience also includes public accountancy, where he most recently served as partner in charge of professional standards for a large regional firm. Brannan’s career began at Arthur Andersen & Co., with client engagements principally in manufacturing, technology and life sciences, with significant international exposure.

Brannan received both BA and Master’s degrees in Accountancy from Loyola University-Maryland, and has been an active CPA in Maryland since graduating from Loyola.

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About Capital Bancorp, Inc.

Capital Bancorp, Inc., Rockville, Maryland is a registered bank holding company incorporated under the laws of Maryland. The Company’s wholly owned subsidiary, Capital Bank, N.A., is the eighth largest bank headquartered in Maryland. Capital Bancorp has been providing financial services since 1999 and now operates bank branches in five locations in the greater Washington, D.C. and Baltimore, Maryland markets.  Capital Bancorp has assets of approximately $1.1 billion at September 30, 2018 and its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.” More information can be found at the Company’s website www.CapitalBankMD.com under its investor relations page.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the Securities and Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. These forward-looking statements are based on current expectations that involve risks, uncertainties and assumptions.  Because of these uncertainties and the assumptions on which the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein.  Readers are cautioned against placing undue reliance on any such forward-looking statements.  For details on factors that could affect these expectations, see the risk factors and other cautionary language included in the Company’s filings with the SEC. Except as required by law, the Company does not undertake to update forward-looking statements contained in this release.

FINANCIAL CONTACT: Alan Jackson (240) 283-0402

MEDIA CONTACT: Ed Barry (240) 283-1912

WEB SITE: www.capitalbankmd.com

Source: Capital Bancorp, Inc.

ROCKVILLE, Md., Oct. 25, 2018 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $3.1 million, or $0.26 per diluted share, for the third quarter of 2018. In comparison, net income was $2.9 million, or $0.26 per diluted share, for the third quarter of 2017. For the nine months ended September 30, 2018, net income grew 15.0% year over year to $9.3 million, or $0.77 per diluted share. In comparison, net income for the nine months ended September 30, 2017 was $7.7 million, or $0.67 per diluted share.  Return on average assets was 1.19% and return on average equity was 13.69% for the third quarter of 2018.  For the comparable period in 2017, the return on average assets was 1.17% and the return on average equity was 14.68%.

Rockville, MD – September 28, 2018 (PRNewswire) – Capital Bancorp, Inc. (“Capital” or the “Company”), the bank holding company for Capital Bank, National Association, today announced that it has completed its initial public offering of 2,228,736 shares of its common stock at a price to the public of $12.50 per share, 1,500,000 shares of which were offered by the Company and 728,736 shares of which were offered by certain selling shareholders.  Capital’s common stock began trading on the Nasdaq Global Select Market on September 26, 2018 under the trading symbol “CBNK.”

The underwriters have a 30-day option, which commenced on September 25, 2018, to purchase up to an additional 334,310 shares of common stock from the Company.

Keefe, Bruyette & Woods, A Stifel Company, and Stephens Inc. acted as joint book-running managers for the offering.  Sandler O’Neill + Partners, L.P. and Hovde Group, LLC acted as co-managers for the offering.  Capital was represented by Holland & Knight LLP.  The underwriters were represented by Covington & Burling LLP.

The U.S. Securities and Exchange Commission (the “SEC”) declared the registration statement relating to these securities effective on September 25, 2018.  The offering was made only by means of a prospectus.  Copies of the final prospectus relating to the offering may be obtained from Keefe, Bruyette & Woods, Inc., Attention: Equity Capital Markets, 787 Seventh Avenue, 4^th Floor, New York, NY 10019, or by calling (800) 966-1559, or from Stephens Inc., Attention: Syndicate, 111 Center Street, Little Rock, AR 72201, or by calling (501) 377-2131.  Copies of the registration statement relating to these securities and the final prospectus may also be obtained free of charge from the SEC’s website at http://www.sec.gov.

About Capital Bancorp, Inc.

Capital is a registered bank holding company for Capital Bank, National Association, headquartered in Rockville, Maryland.  Capital Bank, National Association, is a commercial-focused national banking association that offers commercial and consumer banking services to clients in the Washington, D.C. and Baltimore, Maryland metropolitan areas, alongside two nation-wide consumer lending brands, Church Street Mortgage, a mortgage division that originates conventional and government-guaranteed residential mortgage loans, and OpenSky, which provides secured credit cards to under-banked populations and those looking to rebuild their credit scores.  As of June 30, 2018, Capital had total assets of $1.1 billion, total loans held for investment of $920.8 million, total deposits of $938.4 million, and total stockholders’ equity of $87.0 million.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements.  These forward-looking statements reflect Capital’s current views with respect to, among other things, the completion of the initial public offering of its common stock.  Any statements about Capital’s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking.  These statements are often, but not always, made through the use of words or phrases such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “could,” “should,” “seeks,” “projects”, “can”, “ongoing”, “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of those words or other comparable words.  Capital cautions that the forward-looking statements in this press release are based largely on Capital’s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond Capital’s control.  Actual results, performance or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements.  Any forward-looking statements presented herein are made only as of the date of this press release, and Capital does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, new information, the occurrence of unanticipated events, or otherwise, except as required by law.

Rockville, MD – September 25, 2018 (PRNewswire) – Capital Bancorp, Inc. (“Capital” or the “Company”), the bank holding company for Capital Bank, National Association, today announced the pricing of its initial public offering of 2,228,736 shares of its common stock at a public offering price of $12.50 per share. Of the offered shares, 1,500,000 shares are being offered by Capital and 728,736 shares are being offered by selling shareholders. Capital has granted the underwriters a 30-day option to purchase up to an additional 334,310 shares of its common stock. Capital’s common stock is expected to begin trading on the Nasdaq Global Select Market under the trading symbol “CBNK” on Wednesday, September 26, 2018.

Capital intends to use the net proceeds from the proposed offering to fund the organic growth of its commercial and consumer business lines and for general corporate purposes, which could include future acquisitions and other growth initiatives. Capital will not receive any proceeds from the sale of shares of common stock by the selling shareholders in the offering.

Keefe, Bruyette & Woods, A Stifel Company, and Stephens Inc. are acting as joint book-running managers for the offering. Sandler O’Neill + Partners, L.P. and Hovde Group, LLC are acting as co-managers for the offering.

The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from Keefe, Bruyette & Woods, Inc., Attention: Equity Capital Markets, 787 Seventh Avenue, 4^th Floor, New York, NY 10019, or by calling (800) 966-1559, or from Stephens Inc., Attention: Syndicate, 111 Center Street, Little Rock, AR 72201, or by calling (501) 377-2131.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on September 25, 2018. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Capital Bancorp, Inc.

Capital is a registered bank holding company for Capital Bank, National Association, headquartered in Rockville, Maryland. Capital Bank, National Association, is a commercial-focused national banking association that offers commercial and consumer banking services to clients in the Washington, D.C. and Baltimore, Maryland metropolitan areas, alongside two nation-wide consumer lending brands, Church Street Mortgage, a mortgage division that originates conventional and government-guaranteed residential mortgage loans, and OpenSky, which provides secured credit cards to under-banked populations and those looking to rebuild their credit scores. As of June 30, 2018, Capital had total assets of $1.1 billion, total loans held for investment of $920.8 million, total deposits of $938.4 million, and total stockholders’ equity of $87.0 million.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements. These forward-looking statements reflect Capital’s current views with respect to, among other things, the completion of the initial public offering of its common stock. Any statements about Capital’s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “could,” “should,” “seeks,” “projects”, “can”, “ongoing”, “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of those words or other comparable words. Capital cautions that the forward-looking statements in this press release are based largely on Capital’s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond Capital’s control. Actual results, performance or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements. Any forward-looking statements presented herein are made only as of the date of this press release, and Capital does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, new information, the occurrence of unanticipated events, or otherwise, except as required by law.