Chesapeake Bank

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Deposit Rates - May 8, 2021

SAVINGS RATES APY MIN MAX
Savings
0.05% $2,500 $4,999 Compare
CD RATES APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Compare
6 Mo CD
0.30% $100,000 $199,999 Compare
Special: 7 Mo CD
0.40% $1,000 - Compare
12 Mo CD
0.40% $10,000 $14,999 Compare
12 Mo CD
0.40% $100,000 $199,999 Compare
18 Mo CD
0.45% $10,000 $14,999 Compare
18 Mo CD
0.45% $100,000 $199,999 Compare
Special: 19 Mo CD
0.50% $1,000 - Compare
24 Mo CD
0.55% $10,000 $14,999 Compare
24 Mo CD
0.55% $100,000 $199,999 Compare
36 Mo CD
0.60% $10,000 $14,999 Compare
36 Mo CD
0.60% $100,000 $199,999 Compare
Special: 37 Mo CD
0.70% $1,000 - Compare
60 Mo CD
0.90% $10,000 $14,999 Compare
60 Mo CD
0.90% $100,000 $199,999 Compare
MM RATES APY MIN MAX
Money Market
0.10% $2,500 $2,999 Compare
Money Market
0.10% $10,000 $14,999 Compare
Money Market
0.10% $25,000 $29,999 Compare
INT CHECKING RATES APY MIN MAX
Int Ckg
0.05% $2,500 $3,499

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 6862
Date Established 1900
Assets $ 1,209.22 million
Loans $ 620.97 million
Deposits $ 1,022.21 million
Capital $ 122.92 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 69.65 million
Interest-bearing balances $ 55.30 million
Total securities $ 453.92 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 620.97 million
Loan loss allowance $ 9.22 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.21 million
Goodwill and other intangibles N.A.
All other assets $ 41.39 million
     Total Assets $ 1,086.30 million

LIABILITIES
Total deposits $ 1,022.21 million
      Interest-bearing deposits $ 752.03 million
      Deposits held in domestic offices $ 1,022.21 million
      % insured (estimated) 70.70%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 50.00 million
Subordinated debt N.A.
All other liabilities $ 14.08 millionn
      Total Liabilities $ 1,086.30 million
      Shareholders’ Equity $ 122.92 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 41.08 million
Total Interest Expense $ 4.93 million
Net interest income $ 36.15 million
Provision for loan and lease losses $ 2.24 million
Total non interest income $ 19.72 million
Total non interest expense $ 40.76 million
Pre-tax Net Operating Income $ 12.88 million

Chesapeake Bank is an FDIC insured institution headquartered at 97 North Main Street, Kilmarnock, VA 22482.
It was founded in 1900 and has approximately $1 billion in assets. Customers can open an account at one of its 17 branches.