Capital Bancorp CBNK OpenSky™ — Provision (Release of Provision) for Credit Losses
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Where this comes from
Reported directly by Capital Bancorp in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.
The official record: Capital Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Capital Bancorp's opensky™ — provision (release of provision) for credit losses?
- Capital Bancorp (CBNK) reported opensky™ — provision (release of provision) for credit losses of $2.67M in Q1 2026.
- How has Capital Bancorp's opensky™ — provision (release of provision) for credit losses changed year-over-year?
- Capital Bancorp's opensky™ — provision (release of provision) for credit losses increased by 48.3% year-over-year, from $1.8M to $2.67M.
- What does opensky™ — provision (release of provision) for credit losses mean?
- This metric reflects the periodic expense or reversal recorded by the OpenSky segment to maintain an adequate allowance for loan and lease losses. It indicates management's assessment of the credit risk and expected default rates within the segment's loan portfolio.