Overview / Commentary
Chesapeake Bank is headquartered in KILMARNOCK and is the 19th largest bank in the state of Virginia. It is also the 727th largest bank in the nation. It was established in 1900 and as of June of 2024, it had grown to 282 employees at 19 locations. Chesapeake Bank has an A health rating.
Related Posts
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 6862 |
| Year Established | 1900 |
| Employees | 282 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.86% |
| Return on Equity - YTD | 10.74% |
| Annual Interest Income | $40.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $1.53B$1.35B |
| Loans | Q2 2024vs Q2 2023 | $904.7MM$808.9MM |
| Deposits | Q2 2024vs Q2 2023 | $1.37B$1.19B |
| Equity Capital | Q2 2024vs Q2 2023 | $124MM$107MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $10.1MM$9.8MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $1.2MM$1.7MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $839K$839K |
