Chesapeake Bank is headquartered in Kilmarnock and is the 23rd largest bank in the state of Virginia. It is also the 883rd largest bank in the nation. It was established in 1900 and as of March of 2019, it had grown to 201 employees at 17 locations. Chesapeake Bank has an A health rating.
|FDIC Certificate #||6862|
|Return on Assets - YTD||1.44%|
|Return on Equity - YTD||13.06%|
|Annual Interest Income||$10.0MM|
|Assets and Liabilities|
|Assets||Q1 2019vs Q1 2018||$889.8MM$793.2MM|
|Loans||Q1 2019vs Q1 2018||$551.1MM$512.3MM|
|Deposits||Q1 2019vs Q1 2018||$783.3MM$688.5MM|
|Equity Capital||Q1 2019vs Q1 2018||$98.4MM$87.0MM|
|Loan Loss Allowance||Q1 2019vs Q1 2018||$6.8MM$6.4MM|
|Unbacked Noncurrent Loans||Q1 2019vs Q1 2018||$7.0MM$4.7MM|
|Real Estate Owned||Q1 2019vs Q1 2018||$2.6MM$3.2MM|
Rates for Chesapeake Bank are currently being reviewed.