# CHESAPEAKE BANK
KILMARNOCK, VA · FDIC certificate 6862 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.72B | |
| Deposits | $1.49B | |
| Loans and leases | $1.12B | |
| Total equity | $184.6M | |
| Loans / deposits | 74.17% (p23 of band) | 87.10% |
| Liquid assets / assets | 30.56% (p77 of band) | |
| Uninsured deposits / deposits | 23.21% (p25 of band) | 30.76% |
| Brokered deposits | 10.12% | |
| Wholesale funding | 12.62% (p73 of band) | |
| FHLB advances / assets | 1.16% | |
| Tier 1 leverage | 11.18% (p63 of band) | 10.50% |
| Unrealized securities loss / equity | -12.50% (p34 of band) | -7.75% |
| AOCI / equity | -0.44% (p39 of band) | |
| ROA (annualized) | 1.78% (p81 of band) | 1.26% |
| Net interest margin | 4.47% (p87 of band) | 3.70% |
| Efficiency ratio | 65.61% (p70 of band) | |
| Noncurrent loans | 0.24% (p26 of band) | 0.51% |
| Net charge-offs (annualized) | 0.04% (p60 of band) | |
| Reserve coverage of noncurrent | 443.76% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 49.37% (p51 of band) | |
| Auto loans | $1.3M (0.11% of loans; DQ 0.88%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 2.1% | |
| Employees | 274 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | noncurrent p90 |  |
| 2014-06 | 1 |  | noncurrent p90 |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 2 | charge-offs p90 |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 1 |  | charge-offs p90 |
| 2016-03 | 2 | charge-offs p90 |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 0 |  | reserve under noncurrent, charge-offs p90 |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 1 | reserve under noncurrent | capital falling |
| 2017-06 | 1 | charge-offs p90 | reserve under noncurrent |
| 2017-09 | 2 | reserve under noncurrent |  |
| 2017-12 | 0 |  | charge-offs p90, reserve under noncurrent |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | reserve under noncurrent |  |
| 2019-03 | 2 | capital falling |  |
| 2019-06 | 1 |  | reserve under noncurrent |
| 2019-09 | 0 |  | capital falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | expense ratio p90 |  |
| 2020-09 | 1 | capital falling | expense ratio p90 |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | charge-offs p90 |  |
| 2021-12 | 2 | capital falling |  |
| 2022-03 | 1 | AOCI drag >20% of equity | charge-offs p90, capital falling |
| 2022-06 | 2 | securities losses >30% of equity |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | capital falling |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | securities losses >30% of equity |
| 2024-12 | 2 | securities losses >30% of equity, uninsured deposits leaving | capital falling |
| 2025-03 | 2 | brokered >10%, losing money | securities losses >30% of equity, uninsured deposits leaving |
| 2025-06 | 0 |  | brokered >10%, losing money |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | brokered >10% |  |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-08-31 [Chesapeake Bank Announces Casey Porter as Incoming President for Chesapeake Payment Systems - Yahoo Finance](https://news.google.com/rss/articles/CBMipgFBVV95cUxNSEU2UEdKdjVzVWlBN2ZKcExXNTZyWHdtRnFjVVlzdG9Xa0RFUzd4M3pkaVVDMk94clQ1TTB6b2JsY01OaEdxUUJuWjVvQjZzeWVfZXc2R0ZFVmR2OWY2V2pGMlppc0lHQnZRY1NqeU44RS1iVEhFei1XZ243d0o5THVybFFoekc0d3IxSlRuTXF6cmVYeXhzSWJjeTJfMS1RVF9MU2RB?oc=5) · Yahoo Finance
- 2026-08-14 [Man sentenced following 2025 Chesapeake bank robbery - wavy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxPNUdOQTlfeTVscXVFdVRSQ09tdGVZM2dsMk5ZQVAwWVlBMGNGN0p6czZjWC1JYUZuYXNYazhSQnVDZUl4R3ZxSHRINy1kRFZtYzdBbm5QdTI5RnlUWHdNNE1wZHRnOFhqNDdzUzVXSzlYam1FVGM2UlNub1lCRExrcWhvampocWFvNEtUYXdR0gGTAUFVX3lxTE5xMXh4SFRKZS1qRHVvdFh2S3JJRGx6UnUzZTNBU05aSzZhNVJBTkFLb2hhcEdSWkNTWTN5TWJBdXcxeWc0T05UZUZTclV1QXBEUGw2N1JSS2RpSU1Eb01RTDVCZTBVWE5rLVQ3VWRmSUd3V0FOMXZHeFFBcHJRekt0SXFFZEtuZkJTeWt1cGd3b2czWQ?oc=5) · wavy.com
- 2026-08-31 [Chesapeake Bank Announces Casey Porter as Incoming President for Chesapeake Payment Systems - New Castle News](https://news.google.com/rss/articles/CBMikgJBVV95cUxPcHloemJHbThtYXBzd0NCcEhrcktzckM3M0tKcW1rd2tIdFBLX3JHSFZyOHJzVlZpWnM5WGQ2dlZMaU54YXkzREFOUnZGblh3QVRza3NkdDM3SlV4OHp5OHN3dUFPamx0MUlIS0M4SmxZS195QUVrZnRma2IyUS1yb3ZEYUViSnMxTkdLX0F0OE1yZ19oTmRWaGpTQ1NEamd3NG5HZDVndkVBMWVmWUNWem5kc1NrdHhpYThzYTl2MWRaZHNickxiZ0h5Rk1DNW1tWXZRYkRoOUFTM1diS1VlVzJvWThIYlBoSDRtbVdSdUh0N1R5Z3JJRTBJS0dVemtleVdNaXNMaEI1YnpZd3dyRkln?oc=5) · New Castle News
- 2026-08-31 [Chesapeake Bank Announces Casey Porter as Incoming President for Chesapeake Payment Systems - Weatherford Democrat](https://news.google.com/rss/articles/CBMilwJBVV95cUxPYkZyR3JDendhOEtIS3ZTX1JwR21YbnAyaDhGdDZjbi1iWldpUWk1V2NsMVA2bVlwOFBseWxHTTBvbEYwMHhQLW9TOWV1eHduM0ljTVBhazRqOFRvV0duX3ZubVRXTVpaeWlPbTJxU1lrMlZGb3p2eDlOZ1U0ZXkzUXFhSHlPRWg3ajE2R2tCTGVhMUNtMnJIYk9pX3kwanB0MS1MaFV6SjA5UEZfa0hLYklDZEFhMTVFRzFmSml4TkthM00wN19jTjVwR2pTeFp2ZUJUNWV5Y0ZheUhDRFhGUFV4QVNhMlJmb3ZVWTBQMGZFODl6TlRwMUgxX2Vmamk2YXNIRm1NcXN5Y1pnbWVIczYtTjkycTQ?oc=5) · Weatherford Democrat
- 2025-12-10 [Melissa Crawford to retire from Chesapeake Bank - Gloucester Mathews Gazette Journal](https://news.google.com/rss/articles/CBMihgFBVV95cUxOQ1owN1dsLTZOU1RWZng1dFpJdnlrTndlU0FzZ2pxZjI1R1VaR0FscWNjYTdlajQ3bEVxV3RFdWZyMXJzSW1WTURLSlY1ZHFLRThhNmd3bjRnLWFBd25lYzNsSTdTMlVWSkplRkU3X3dlQnMtRkZwU29GR0U1QXYtcjM2VEFIUQ?oc=5) · Gloucester Mathews Gazette Journal
- 2026-04-02 [Chesapeake Bank Supports Local Flavor During Chesterfield Restaurant Week - wtvr.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNd2VqcUNYNWsyNEhULVgtQjUzVnlLcEZFQ2VmZ0R1Z3ZYbXRrZDBGZkVSZVRySE1ESFUyamlRNjVZXzQ0ZGJyMFRfTkVhOGowNUxQRndON0pKQkwzVXp5QUpiTDJfV1ZzaWMwTWRFR3J1bFc2YkNnd3J5elFpeFV4SGRiRElucUc2UUxmaTBoenVuSnR3d0RzLTBMU2JvOW9WVmp5QlZ2b2hrTmRCOVlOYjhkNi1PRHlWWS1ycFotX2Y?oc=5) · wtvr.com
- 2026-01-08 [News Briefs for Jan. 8 - wydaily.com](https://news.google.com/rss/articles/CBMib0FVX3lxTFBlVFpUTVVPWmp6WUROMnQ3YWQwazZJVGd5Szl5dnpfQlpTRlpWNlcwZ1BZbWpRZ1dIVzRQSUFCc0twb1pQUklEOE5jeHNPcUZDcDhTV0tfU3JuRkllM3AyVVp6Tnl5NlJ1NVRrSUQxdw?oc=5) · wydaily.com
- 2026-03-04 [Chesapeake Bank to celebrate Kilmarnock branch remodel with Customer Appreciation Week - Rappahannock Record](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQUGRtNnNMSTNWZ0Rnd3c3SF9RMFJIaVdoanBqQzVjTk5zcVdCVnpYRUtOVlN1WU9sQ1ZoUGdnZnJHMkpoblI4emJxWTY3V0k2OUdyQmNkTHhhWUdaLTZQbU1DSDJyb24zSVh5bU9nYkN6bGFHc1JzNDRYZU9KZUlJYThKZzB5aERPa3JUUGgtd1hUdERnMlVYN2dfMlZSUlRta0JPR0dLZU5CaGs?oc=5) · Rappahannock Record

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=6862 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/14.json (key "6862", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide