Chesapeake Bank is headquartered in Kilmarnock and is the 23rd largest bank in the state of Virginia. It is also the 760th largest bank in the nation. It was established in 1900 and as of December of 2021, it had grown to 223 employees at 18 locations. Chesapeake Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 6862 |
Year Established | 1900 |
Employees | 223 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.2% |
Return on Equity - YTD | 11.35% |
Annual Interest Income | $46.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $1.38B$1.21B |
Loans | Q4 2021vs Q4 2020 | $691.6MM$621.0MM |
Deposits | Q4 2021vs Q4 2020 | $1.13B$1.02B |
Equity Capital | Q4 2021vs Q4 2020 | $145.3MM$122.9MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $8.2MM$9.2MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $2.0MM$2.1MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $1.3MM$4.2MM |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $10 | - | Christmas Club Rate | |
0.03% | $25 | - | Youth Savings | |
0.03% | $100 | - | Totally Free Savings | |
0.03% | $100 | - | Solo Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.03% | $1k | - | Money Market Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.03% | $2k | - | myChecking 2 | |
0.03% | $10k | - | myChecking 3 |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.20% | $100 | - | 3 Year IRA | |
0.20% | $100 | - | 3 Year Roth IRA | |
0.10% | $100 | - | 1 Year IRA | |
0.10% | $100 | - | 1 Year Roth IRA |