Chesapeake Bank
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Data as of · sourced from FFIEC call reports. How we update
Chesapeake Bank is an FDIC-insured commercial bank headquartered in Kilmarnock, VA (FDIC certificate 6862), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $1.72B, up 5.9% from Q2 2025, the 21st largest of 56 banks headquartered in Virginia. Its CET1 capital ratio was 14.25% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 6862
- Headquarters
- Kilmarnock, VA
- Established
- Not reported
- Total assets, Q2 2026
- $1.72B
- Assets vs Q2 2025
- +5.9%
- CET1 ratio, Q2 2026
- 14.25%
- Domestic offices
- 19 FDIC institution directory, current count
- Routing number
- 051403779
- Holding company
- CHESAPEAKE FINANCIAL SHARES, INC.
- Asset rank in state
- 21st of 56 in Virginia
Chesapeake Bank, based in Kilmarnock, Virginia, reported $1.7 billion in assets at June 30, 2026, up 5.9% from a year earlier. It grew its loan book 18.5% over the year, about triple the median of 5.9% for the 895 banks with $1 billion to $10 billion in assets. It also returns 19.5% a year on shareholders' equity, higher than about three-quarters of banks its size (median 12.6%).
Earnings jumped: net income for the quarter was $8.8 million, 120% above the same quarter a year earlier. Over the same year, loans grew 18.5% and deposits grew 2.1%.
As of June 30, 2026, Chesapeake Bank reported a CET1 capital ratio of 14.25%, a return on assets of 2.01%, a nonperforming-loan ratio of 0.24% and a Texas ratio of 1.41%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Chesapeake Bank is the 21st largest of the 56 banks headquartered in Virginia. Quarter on quarter (Q1 2026 to Q2 2026), its total assets were flat, loans rose 3.8% and deposits rose 1.6%. Its loan book on June 30, 2026 was led by non-owner-occupied commercial real estate loans, at 28.9% of total loans, followed by 1-4 family residential loans at 24.0%. Its 19 offices in the FDIC Summary of Deposits are in 9 cities in VA; its Williamsburg 5 offices book 26% of its branch deposits. By the capital ratios in its Q2 2026 call report, Chesapeake Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 97 N Main St, Kilmarnock, VA 22482
- County
- Lancaster
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Former names
- Chesapeake National Bank (1968-1994); The Lancaster National Bank (1964-1968)
- Domestic offices
- 19 FDIC institution directory, current count
- Employees (FTE)
- 274
- Domestic deposits
- $1.49B
- Allowance for credit losses
- $11.9M
- Net charge-offs (YTD)
- $365K
- Average total assets
- $1.76B
- Average total loans
- $1.07B
- Average interest-bearing deposits
- $1.13B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 6862
- Fed RSSD
- 214722
- SEC CIK
- 847538 → filed by CHESAPEAKE FINANCIAL SHARES, INC.
- Website
- www.ches.bank →
- Parent Holding Company
- CHESAPEAKE FINANCIAL SHARES, INC. (RSSD 1075881) · CPKF
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Chesapeake Bank's total assets ranged from $1.38B (Q3 2023) to $1.72B (Q2 2026), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.72B total assets against $1.63B; $1.54B total liabilities against $1.47B.
$1.10B net loans and leases against $930.2M; $1.49B total deposits against $1.46B.
$495.3M securities against $562.6M; $31.9M cash and balances due against $38.9M.
$24.9M total interest income against $22.4M; $6.9M total interest expense against $7.2M.
$18.0M net interest income against $15.2M.
$12.6M total noninterest income against $8.4M; $19.7M total noninterest expense against $18.2M.
$637K provision for credit losses against $257K.
$8.8M net income against $4.0M.
2.01% return on assets against 0.98%; 4.46% net interest margin against 4.01%.
14.25% CET1 capital ratio against 13.45%; 11.18% tier 1 leverage ratio against 10.50%.
Inside the full Chesapeake Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Chesapeake Bank rankings
Its closest position to the top of a national ranking is 477 of 3,611, for ROA; its furthest is 753 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -1.00% (Q1 2025) to 2.01% (Q2 2026) and its net interest margin ran from 3.68% (Q3 2024) to 4.46% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.25% | 2.01% | 0.24% | 1.41% | 4.46% |
| Q1 2026 | 13.78% | 1.47% | 0.34% | 2.01% | 4.38% |
| Q4 2025 | 13.96% | 1.70% | 0.34% | 1.91% | 4.45% |
| Q3 2025 | 13.82% | 1.36% | 0.47% | 2.73% | 4.26% |
| Q2 2025 | 13.45% | 0.98% | 0.45% | 2.99% | 4.01% |
| Q1 2025 | 13.44% | -1.00% | 0.39% | 2.78% | 3.76% |
| Q4 2024 | 12.78% | 0.81% | 0.25% | 2.18% | 3.76% |
| Q3 2024 | 12.18% | 0.77% | 0.48% | 3.71% | 3.68% |
Swipe the table sideways to see every column.
Branch Network
View all 19 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Chesapeake Bank (main office) | Kilmarnock , VA | 22482 | $360.8M |
| Lafayette Branch | Williamsburg , VA | 23185 | $208.8M |
| Gloucester Branch | Gloucester , VA | 23061 | $200.7M |
| Mathews Branch | Mathews , VA | 23109 | $175.2M |
| Hayes Branch | Hayes , VA | 23072 | $89.3M |
| Patterson Avenue Branch | Richmond , VA | 23226 | $77.5M |
| Five Forks Branch | Williamsburg , VA | 23185 | $72.4M |
| Lively Branch | Lancaster , VA | 22503 | $51.5M |
| Lightfoot Branch | Williamsburg , VA | 23188 | $51.1M |
| Williamsburg Landing Branch | Williamsburg , VA | 23185 | $38.6M |
| Chesterfield Branch | Chesterfield , VA | 23832 | $31.4M |
| Www.Clearskyaccounts.Com | Kilmarnock , VA | 22482 | $30.6M |
| Lakewood Manor Branch | Richmond , VA | 23238 | $22.0M |
| Patriots Colony Branch | Williamsburg , VA | 23188 | $21.2M |
| Cedarfield Ccrc Branch | Richmond , VA | 23233 | $16.1M |
| Westminster Canterbury - Richmond Branch | Richmond , VA | 23227 | $15.4M |
| Irvington Branch | Irvington , VA | 22480 | $13.2M |
| Westminster-Canterbury Branch | Irvington , VA | 22480 | $11.9M |
| Chesapeake Bank Operations Center | Kilmarnock , VA | 22482 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| April 29, 1968 | Structure Change | Acquired Chesapeake Banking Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 1 event.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.5% of deposits in VA, rank 27 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 212 applications, 144 loans originated, $49.9M originated, across 1 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Not on file
- Enforcement actions, SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Chesapeake Bank
What are Chesapeake Bank's total assets?
As of the Q2 2026 filing, Chesapeake Bank reported total assets of $1.72 billion in its FFIEC call report.
Where is Chesapeake Bank headquartered?
It is headquartered in Kilmarnock, VA, United States.
Is Chesapeake Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #6862). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Chesapeake Bank?
Chesapeake Bank's primary federal regulator is the Federal Reserve.
What is Chesapeake Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.25% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Chesapeake Bank operate?
It operates 19 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Chesapeake Bank's Texas Ratio?
Its Texas Ratio is 1.41% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Chesapeake Bank previously called?
The charter now named Chesapeake Bank has also operated as Chesapeake National Bank (1968-1994), The Lancaster National Bank (1964-1968), per FDIC structure-change records.
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