---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-042414"
form_type: "8-K"
ticker: "CBNK"
cik: "0001419536"
company_name: "Capital Bancorp Inc"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T23:13:51.720913+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Capital Bancorp completes acquisition of Integrated Financial Holdings; pro forma assets ~$3B

## Summary
- Merger consideration: 1.115 CBNK shares + $5.36 cash per IFHI share.
- Pro forma assets ~$3B, ~70% net income from commercial banking, ~38% loan portfolio C&I/owner-occupied CRE.
- Windsor Advantage services ~$2.5B in SBA/USDA loans; Mike Breckheimer remains as head.
- Marc McConnell appointed to board; Riddick Skinner and Melissa Marsal join as heads of govt lending and ops.
- ~20% of pro forma revenue from fees; transaction expected to create nationwide govt guaranteed lending leader.

## SEC filing metadata
- accession: 0001140361-24-042414
- form_type: 8-K
- ticker: CBNK
- cik: 0001419536
- company_name: Capital Bancorp Inc
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419536/000114036124042414/0001140361-24-042414-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419536/000114036124042414/ef20036433_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-042414
- JSON: https://secwatch.observer/filing/0001140361-24-042414.json
- Plain text: https://secwatch.observer/filing/0001140361-24-042414.txt

## Key facts
- Executive change
  Michael Breckheimer was appointed as Senior Vice President, Head of Windsor Advantage, LLC at Capital Bancorp Inc.
  - Action: appointed
  - Role: Senior Vice President, Head of Windsor Advantage, LLC
  source text: At the Effective Time, Mr. Michael Breckheimer, age 37, was appointed to the position of Senior Vice President, Head of Windsor Advantage, LLC (“Windsor”), a wholly owned subsidiary of Capital Bank as of the Effective Time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419536/000114036124042414/0001140361-24-042414-index.htm
- Executive change
  Marc McConnell was appointed as Director at Capital Bancorp Inc.
  - Action: appointed
  - Role: Director
  source text: At the Effective Time, pursuant to the terms of the Merger Agreement, the size of the board of directors (the “Board”) of Capital was increased to twelve (12) directors and Mr. Marc McConnell was appointed to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419536/000114036124042414/0001140361-24-042414-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.