Capital Bancorp Inc
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 12, 2024
CBNK$42.40-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
Capital Bancorp, Inc. and SubsidiariesConsolidated Statements of Changes in Stockholders’ Equity (unaudited)
| Common Stock · AdditionalPaid-inCapital · RetainedEarnings · Accumulated Other Comprehensive Loss · TotalStockholders'Equity | ||||||
|---|---|---|---|---|---|---|
| (dollars in thousands) · Shares · Amount | ||||||
| Balance, December 31, 2022 | 14,138,829 | $141 | $58,190 | $182,435 | $(16,751) | $224,015 |
| Cumulative effect adjustment due to adoption of the CECL standard | — | — | — | (29) | — | (29) |
| Net income | — | — | — | 9,735 | — | 9,735 |
| Unrealized gain on investment securities available-for-sale, net of income taxes | — | — | — | — | 2,792 | 2,792 |
| Stock options exercised, net of shares withheld for purchase price | 63,064 | 1 | 782 | (194) | — | 589 |
| Shares issued as compensation | 28,081 | — | 585 | (39) | — | 546 |
| Stock-based compensation | — | — | 438 | — | — | 438 |
| Cash dividends to stockholders ($0.06 per share) | — | — | — | (850) | — | (850) |
| Shares repurchased and retired | (146,937) | (1) | (2,718) | — | — | (2,719) |
| Balance, March 31, 2023 | 14,083,037 | $141 | $57,277 | $191,058 | $(13,959) | $234,517 |
| Net income | — | — | — | 7,318 | — | 7,318 |
| Unrealized loss on investment securities available-for-sale, net of income taxes | — | — | — | — | (2,092) | (2,092) |
| Stock options exercised, net of shares withheld for purchase price | 34,687 | — | 429 | (6) | — | 423 |
| Shares issued as compensation | 2,097 | — | 26 | (37) | — | (11) |
| Stock-based compensation | — | — | 438 | — | — | 438 |
| Cash dividends to stockholders ($0.06 per share) | — | — | — | (843) | — | (843) |
| Shares repurchased and retired | (138,407) | (1) | (2,314) | — | — | (2,315) |
| Balance, June 30, 2023 | 13,981,414 | $140 | $55,856 | $197,490 | $(16,051) | $237,435 |
| Net income | — | — | — | 9,788 | — | 9,788 |
| Unrealized loss on investment securities available-for-sale, net of income taxes | — | — | — | — | (1,792) | (1,792) |
| Stock options exercised, net of shares withheld for purchase price | 12,244 | — | 153 | (130) | — | 23 |
| Stock-based compensation | — | — | 441 | — | — | 441 |
| Cash dividends to stockholders ($0.08 per share) | — | — | — | (1,115) | — | (1,115) |
| Shares repurchased and retired | (100,575) | (1) | (1,901) | — | — | (1,902) |
| Balance, September 30, 2023 | 13,893,083 | $139 | $54,549 | $206,033 | $(17,843) | $242,878 |
See accompanying Notes to Unaudited Consolidated Financial Statements
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Capital Bancorp, Inc. and SubsidiariesConsolidated Statements of Changes in Stockholders’ Equity (unaudited)
| Common Stock · AdditionalPaid-inCapital · RetainedEarnings · Accumulated Other Comprehensive Loss · TotalStockholders'Equity | ||||||
|---|---|---|---|---|---|---|
| (dollars in thousands) · Shares · Amount | ||||||
| Balance, December 31, 2023 | 13,922,532 | $139 | $54,473 | $213,345 | $(13,097) | $254,860 |
| Net income | — | — | — | 6,562 | — | 6,562 |
| Unrealized loss on investment securities available-for-sale, net of income taxes | — | — | — | — | (537) | (537) |
| Stock options exercised, net of shares withheld for purchase price | 10,171 | — | 146 | (39) | — | 107 |
| Shares issued as compensation | 24,729 | — | 537 | (22) | — | 515 |
| Stock-based compensation | — | — | 472 | — | — | 472 |
| Cash dividends to stockholders ($0.08 per share) | — | — | — | (1,115) | — | (1,115) |
| Shares repurchased and retired | (67,869) | — | (1,399) | — | — | (1,399) |
| Balance, March 31, 2024 | 13,889,563 | $139 | $54,229 | $218,731 | $(13,634) | $259,465 |
| Net income | — | — | — | 8,205 | — | 8,205 |
| Unrealized gain on investment securities available-for-sale, net of income taxes | — | — | — | — | 520 | 520 |
| Stock options exercised, net of shares withheld for purchase price | 20,438 | — | 293 | — | — | 293 |
| Shares issued as compensation | 466 | — | 8 | — | — | 8 |
| Stock-based compensation | — | — | 475 | — | — | 475 |
| Cash dividends to stockholders ($0.08 per share) | — | — | — | (1,112) | — | (1,112) |
| Balance, June 30, 2024 | 13,910,467 | $139 | $55,005 | $225,824 | $(13,114) | $267,854 |
| Net income | — | — | — | 8,672 | — | 8,672 |
| Unrealized gain on investment securities available-for-sale, net of income taxes | — | — | — | — | 4,506 | 4,506 |
| Stock options exercised, net of shares withheld for purchase price | 7,424 | — | 105 | (110) | — | (5) |
| Stock-based compensation | — | — | 475 | — | — | 475 |
| Cash dividends to stockholders ($0.10 per share) | — | — | — | (1,391) | — | (1,391) |
| Balance, September 30, 2024 | 13,917,891 | $139 | $55,585 | $232,995 | $(8,608) | $280,111 |
See accompanying Notes to Unaudited Consolidated Financial Statements
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.