Core Insights - Capital Bancorp, Inc. has successfully completed the integration of Integrated Financial Holdings, Inc. into its operations and systems, allowing IFH customer accounts to access CBNK's products and services [1][3] - The merger, which was finalized on October 1, 2024, involved West Town Bank & Trust merging into Capital Bank, N.A., while Windsor Advantage became a subsidiary of Capital Bancorp [2] - The conversion was executed over the weekend from February 21 to February 24, 2025, enabling IFH customers to utilize CBNK's extensive offerings and access banking services at any CBNK location [3][4] Company Overview - Capital Bancorp, Inc. is a registered bank holding company based in Rockville, Maryland, providing financial services since 1999, with assets totaling approximately $3.2 billion as of December 31, 2024 [5] - The company operates bank branches in six locations, including Washington D.C., Reston, VA, Ft. Lauderdale, FL, Rockville, MD, Columbia, MD, and North Riverside, IL [5] - CBNK's common stock is traded on the NASDAQ Global Market under the symbol "CBNK" [5]
Capital Bancorp, Inc. Completes Operational Conversion of Integrated Financial Holdings, Inc.