Core Insights - Capital Bancorp, Inc. reported a net income of $13.1 million for Q2 2025, a decrease from $13.9 million in Q1 2025 but an increase from $8.2 million in Q2 2024 [3][10] - Core net income for Q2 2025 was $14.2 million, down from $14.9 million in Q1 2025 [3][10] - The company declared a cash dividend of $0.12 per share, marking a 20% increase from the previous quarter [4] Financial Performance - Net interest income increased by $1.6 million, or 3.5%, from Q1 2025, and by $10.6 million, or 28.6%, year-over-year [10][29] - Total assets reached $3.4 billion, reflecting a growth of $38.9 million, or 4.7% (annualized), from Q1 2025 [14] - Gross loans grew by $61.4 million, or 9.2% (annualized), during Q2 2025, with a year-over-year increase of $718.2 million [6][16] Loan and Deposit Growth - Total deposits increased by $49.4 million, or 6.9% (annualized), from Q1 2025, and by $840.3 million, or 40.0%, year-over-year [16][17] - Customer deposits grew by $87.1 million, or 13.5% (annualized), from Q1 2025, and by $725.3 million, or 37.3%, year-over-year [6][17] Credit Quality and Metrics - The allowance for credit losses (ACL) coverage ratio was 1.73% at June 30, 2025, down 8 bps from March 31, 2025 [19] - Nonperforming assets decreased to 1.11% of total assets at June 30, 2025, compared to 1.28% at March 31, 2025 [20][30] Efficiency and Return Ratios - Return on average assets (ROA) was 1.60% for Q2 2025, down from 1.75% in Q1 2025 [25][41] - Core return on average equity (ROE) was 15.33% for Q2 2025, compared to 16.64% for Q1 2025 [41] Capital and Shareholder Returns - The company repurchased 93,170 shares at an average price of $26.66 during Q2 2025, with $11.9 million remaining under the stock repurchase plan [21] - Book value per common share increased to $22.92 at June 30, 2025, up $0.73 from Q1 2025 [26]