---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-049732"
form_type: "8-K/A"
ticker: "CBNK"
cik: "0001419536"
company_name: "Capital Bancorp Inc"
filed_at: "2024-12-17T23:59:59+00:00"
generated_at: "2026-05-29T02:19:28.057267+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Capital Bancorp closes IFHI merger; acquired co. reports $7.99M net loss for 9M ending Sep 30

## Summary
- Merger completed Oct 1, 2024; IFHI merged into Capital Bancorp, which is the surviving entity.
- IFHI unaudited financials show net loss of $7.986M for nine months ended Sep 30, 2024 (basic EPS -$3.37).
- IFHI had total assets of $542.2M, loans held for investment $382.8M, deposits $449.9M as of Sep 30, 2024.
- IFHI incurred $5.1M merger-related expenses in the period; total noninterest expense $31.1M.
- Pro forma combined financial statements for Sep 30, 2024 and Dec 31, 2023 are filed.

## SEC filing metadata
- accession: 0001140361-24-049732
- form_type: 8-K/A
- ticker: CBNK
- cik: 0001419536
- company_name: Capital Bancorp Inc
- filed_at: 2024-12-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419536/000114036124049732/0001140361-24-049732-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419536/000114036124049732/ef20040237_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-049732
- JSON: https://secwatch.observer/filing/0001140361-24-049732.json
- Plain text: https://secwatch.observer/filing/0001140361-24-049732.txt

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