← Capital Bancorp Inc
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Net income | $12.8m | $16.9m | $25.8m | $40.0m | $41.8m | $35.9m | $31.0m | $57.2m | |
| Net (accretion) amortization on investment securities available-for-sale | $225k | $160k | $297k | $642k | $540k | $188k | $100k | ($150k) | |
| Premises and equipment depreciation | — | $1.1m | $844k | $561k | $364k | $324k | $737k | $1.4m | |
| Lease asset amortization | $0 | $1.2m | $1.1m | $645k | $1.1m | $149k | $1.2m | $1.4m | |
| Amortization of intangible assets | — | — | — | — | — | $0 | $262k | $1.0m | |
| Deferred income tax expense (benefit) | ($141k) | ($839k) | ($3.2m) | ($1.9m) | $1.2m | $142k | ($1.8m) | $1.1m | |
| Provision for credit losses | — | — | — | — | $6.6m | $9.6m | $17.7m | $15.0m | |
| Provision for credit losses on unfunded commitments | $152k | $173k | $550k | ($40k) | ($54k) | ($101k) | $385k | $188k | |
| Provision for (release of) mortgage put-back reserve, net | $106k | $184k | $598k | $4k | $9k | ($188k) | ($68k) | $79k | |
| Extinguishment of leases | — | — | — | — | — | $0 | ($2.9m) | $0 | |
| Net decrease (increase) in loan servicing assets | — | — | — | — | — | $0 | ($996k) | $1.6m | |
| Executive long-term incentive plan expense | — | — | $0 | $1.3m | $582k | $148k | $516k | $889k | |
| Stock-based compensation expense | $570k | $795k | $983k | $1.3m | $1.7m | $1.8m | $1.9m | $1.6m | |
| Director and employee compensation paid in Company stock | $496k | $301k | $268k | $519k | $171k | $547k | $517k | $1.2m | |
| (Increase) decrease in valuation of loans held for sale carried at fair value | ($9.5m) | ($16.0m) | ($40.6m) | $246k | $0 | $6k | $32k | ($62k) | |
| Proceeds from sales of loans held for sale | $354.4m | $556.6m | $1.3b | $1.1b | $308.5m | $176.4m | $281.4m | $352.8m | |
| Originations of loans held for sale | ($337.1m) | ($593.2m) | ($1.3b) | ($1.0b) | ($300.0m) | ($176.4m) | ($292.9m) | ($357.3m) | |
| Government lending revenue | — | — | — | — | — | $0 | ($2.3m) | ($4.2m) | |
| Accrued interest receivable | ($595k) | ($308k) | ($3.4m) | $233k | ($1.6m) | ($2.0m) | ($762k) | ($31k) | |
| Taxes payable | — | — | — | — | ($282k) | $179k | $3.4m | ($3.0m) | |
| Other assets | $4k | ($418k) | ($438k) | ($1.2m) | ($4.4m) | ($2.4m) | ($15.5m) | ($3.4m) | |
| Accrued interest payable | $481k | $236k | ($667k) | ($661k) | $558k | $4.6m | $2.5m | ($648k) | |
| Other liabilities | $1.3m | $3.8m | $7.4m | ($3.2m) | ($4.8m) | ($63k) | $12.0m | $4.6m | |
| Purchases of securities available-for-sale | $0 | ($38.6m) | ($53.9m) | ($169.7m) | ($113.1m) | ($7.0m) | ($65.4m) | ($54.9m) | |
| Proceeds from calls and maturities of securities available-for-sale | $6.0m | $22.1m | $16.0m | $13.9m | $23.8m | $56.0m | $53.2m | $56.1m | |
| Net increase in portfolio loans receivable | ($114.1m) | ($173.9m) | ($147.3m) | ($210.1m) | ($210.0m) | ($182.2m) | ($320.7m) | ($345.8m) | |
| Net purchases of premises and equipment | ($1.7m) | ($303k) | ($267k) | ($24k) | ($1.6m) | ($2.2m) | ($2.2m) | ($2.4m) | |
| Cash received from acquisitions, net | — | — | — | — | — | $0 | $65.2m | $0 | |
| Noninterest-bearing deposits | $45.6m | $49.5m | $316.8m | $179.1m | ($113.3m) | ($56.9m) | $107.9m | $41.8m | |
| Interest-bearing deposits | $4.7m | $220.7m | $109.9m | ($34.1m) | $74.3m | $194.9m | $299.0m | $289.4m | |
| Federal Home Loan Bank advances | — | — | — | — | — | — | $0 | $28.0m | |
| Other borrowed funds | ($2.0m) | $0 | ($1.5m) | ($2.0m) | $0 | $15.0m | ($15.0m) | ($10.0m) | |
| Net proceeds from exercise of stock | $1.0m | $595k | $922k | $967k | $1.2m | $1.8m | $1.1m | $1.2m | |
| Loans transferred to foreclosed real estate | $427k | $2.3m | $942k | $0 | — | — | $0 | $3.9m | |
| Change in unrealized gains on investments | ($477k) | $842k | $2.3m | ($3.8m) | ($20.9m) | $5.1m | $2.2m | $7.5m | |
| Fair value of assets acquired, net of cash received | — | — | — | — | — | $0 | $460.5m | $0 | |
| Goodwill from acquisition | — | — | — | — | — | $0 | $21.1m | $0 | |
| Fair value of liabilities assumed | — | — | — | — | — | $0 | $475.9m | $0 | |
| Goodwill measurement period adjustment | — | — | — | — | — | — | $0 | $4.7m | |
| Taxes | $2.7m | $5.5m | $12.0m | $15.9m | $11.7m | $7.7m | $9.1m | $18.8m | |
| Interest | $10.8m | $15.6m | $13.8m | $7.2m | $9.5m | $37.1m | $54.7m | $65.5m | |
| Net cash provided by operating activities | $28.3m | ($26.3m) | $5.5m | $132.1m | $51.4m | $47.4m | $34.9m | $69.7m | |
| Net purchases of restricted investments | — | ($1.5m) | $8k | $215k | ($3.9m) | $3.0m | ($126k) | ($3.9m) | |
| Net cash used in investing activities | ($109.3m) | ($188.8m) | ($385.5m) | ($238.2m) | ($198.5m) | ($130.8m) | ($270.0m) | ($350.9m) | |
| Common Stock issued related to acquisition | — | — | — | — | — | $0 | $27 | $0 | |
| Repurchase of common stock | ($45k) | ($371k) | ($3.7m) | $0 | $0 | ($8.8m) | ($1.4m) | ($11.7m) | |
| Dividends paid | — | — | $0 | ($1.4m) | ($3.1m) | ($3.9m) | ($5.3m) | ($7.3m) | |
| Net cash provided by financing activities | $63.4m | $295.3m | $412.1m | $142.6m | $44.1m | $57.0m | $386.4m | $331.4m | |
| Increase in cash surrender value of BOLI | — | — | $0 | ($506k) | ($1.0m) | ($1.2m) | ($1.5m) | ($1.5m) | |
| Net increase in cash and cash equivalents | ($17.6m) | $80.1m | $32.1m | $36.5m | ($103.0m) | ($26.5m) | $151.4m | $50.2m | |
| Cash and cash equivalents, beginning of year | $34.7m | $114.8m | $146.9m | $183.4m | $80.4m | $54.0m | $205.3m | $255.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.