TellerScore

Headquartered in Kilmarnock, Virginia, Chesapeake Bank is a state-chartered bank (fed member) with $1.7B in total assets and $1.5B in deposits as of Q2 2026. It operates 19 offices. Its charter dates back to 1900.

Based on its Q2 2026 filing, Chesapeake Bank scores 81/100, which we describe as strong. That is higher than 91% of 897 banks with $1 billion – $10 billion. Among 56 banks headquartered in Virginia, it ranks 9th. Its strongest component is problem-loan coverage (97/100; 1.4%), and its lowest is capital cushion (62/100; 11.18%).

TellerScore · Q2 2026

Scorecard

Capital cushion62/100
Tier 1 leverage ratio: 11.18%
Loan quality92/100
Noncurrent loans ÷ total loans: 0.24%
Earnings91/100
Return on assets (annualized): 1.78%
Funding & liquidity77/100
Loans ÷ deposits and uninsured-deposit share: 74.2% · 23.2% uninsured
Problem-loan coverage97/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 1.36%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 17 points (64 → 81), mostly because the earnings component improved by 71 points.

TellerScore
617181Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202471
Q3 202468
Q4 202471
Q1 202561
Q2 202564
Q3 202568
Q4 202573
Q1 202678
Q2 202681
Tier 1 leverage ratio
5.00%8.09%11.18%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.79%
Q3 20249.68%
Q4 20249.80%
Q1 202510.61%
Q2 202510.50%
Q3 202510.68%
Q4 202510.97%
Q1 202611.03%
Q2 202611.18%
Noncurrent loans
0.14%0.31%0.48%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.14%
Q3 20240.48%
Q4 20240.25%
Q1 20250.39%
Q2 20250.45%
Q3 20250.47%
Q4 20250.34%
Q1 20260.34%
Q2 20260.24%
Return on assets
-1.02%0.38%1.78%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.86%
Q3 20240.84%
Q4 20240.84%
Q1 2025-1.02%
Q2 20250.00%
Q3 20250.47%
Q4 20250.80%
Q1 20261.49%
Q2 20261.78%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202681$1.7B11.18%0.24%1.78%74.2%
Q1 202678$1.7B11.03%0.34%1.49%72.6%
Q4 202573$1.7B10.97%0.34%0.80%67.4%
Q3 202568$1.6B10.68%0.47%0.47%66.4%
Q2 202564$1.6B10.50%0.45%0.00%63.8%
Q1 202561$1.6B10.61%0.39%-1.02%64.4%
Q4 202471$1.5B9.80%0.25%0.84%65.3%
Q3 202468$1.6B9.68%0.48%0.84%63.7%
Q2 202471$1.5B9.79%0.14%0.86%66.2%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio11.18%
63rd
Total risk-based capital15.15%
69th
Problem loans0.24%
74th
Net charge-offs0.07%
38th
Return on assets1.78%
81st
Net interest margin4.47%
87th
Efficiency ratio65.6%
30th
Loans to deposits74.2%
78th
Uninsured deposits23.2%
76th
Loan-loss reserves1.07%
40th
Texas ratio1.4%
78th

Similar-size banks in Virginia

InstitutionScoreAssetsCapitalProblem loansCompare
Old Dominion National BankBank Charlottesville, VA64 out of 100, Moderate$1.8B11.8%0.85%vs
Virginia National BankBank Charlottesville, VA83 out of 100, Strong$1.6B13.2%0.47%vs
The National Bank of BlacksburgBank Blacksburg, VA70 out of 100, Strong$1.8B10.5%0.06%vs
Bank Of ClarkeBank Berryville, VA67 out of 100, Moderate$1.8B12.3%1.07%vs
Benchmark Community BankBank Kenbridge, VA75 out of 100, Strong$1.4B9.8%0.17%vs
Farmers & Merchants BankBank Timberville, VA70 out of 100, Strong$1.4B9.1%0.43%vs

Deposit insurance

Is my money safe at Chesapeake Bank?

Yes. Chesapeake Bank is an FDIC-insured institution (FDIC certificate #6862). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 23.2% of deposits ($345.4M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 11.18%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 15.15% (benchmark: 10%).

Check how much of your own balance is covered

19 locations

Branches

Chesapeake Bank lists 17 offices in 9 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Chesapeake Bank reported 212 home-loan applications under HMDA (LEI 254900YJPIZ3RCMEM452): 144 originated ($49,860,000 total), 37 denied, and 21 withdrawn or closed by the applicant. Its denial rate on decided applications was 19.4%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Chesapeake Bank
Former names
The Lancaster National Bank of Irvingtion; The Lancaster National Bank; Chesapeake National Bank
Type
State-chartered bank (Fed member)
FDIC certificate #
6862
RSSD ID
214722
Primary regulator
FED
Holding company
Chesapeake Finl Shares Inc
Established
January 1, 1900
Headquarters
97 N Main St, Kilmarnock, VA 22482
Employees
274

Quick answers

Chesapeake Bank: common questions

Is Chesapeake Bank FDIC insured?

Yes. Chesapeake Bank is an FDIC-insured institution (FDIC certificate #6862). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Chesapeake Bank's TellerScore?

81 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Chesapeake Bank ever failed?

There is no failure record for FDIC certificate #6862 in the FDIC failed bank list.

How many branches does Chesapeake Bank have?

19 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Kilmarnock

InstitutionScoreAssetsCapitalProblem loansCompare
1st Advantage Federal Credit UnionCredit union Newport News, VA90 out of 100, Very strong$1.1B16.7%0.45%vs
Citizens and Farmers BankBank West Point, VA75 out of 100, Strong$2.8B11.2%0.09%vs
United BankBank Fairfax, VA74 out of 100, Strong$33.6B11.6%0.44%vs
Atlantic Union BankBank Richmond City, VA73 out of 100, Strong$38.0B11.4%0.50%vs
Truist BankBank Charlotte, NC63 out of 100, Moderate$548.3B9.8%0.72%vs
Woodforest National BankBank The Woodlands, TX60 out of 100, Moderate$9.0B9.3%1.93%vs