Chesapeake Bank: how it compares with its peers
Against 21 VA banks with half to twice its assets, Chesapeake Bank's strongest measure in Q2 2026 is return on assets (1.78% vs. a 1.19% peer median). Its weakest relative measure is efficiency ratio (65.61% vs. 60.21%).
| Measure | Chesapeake Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.78% | 1.19% | Top third Ahead of 86% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.47% | 3.63% | Top third Ahead of 86% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 65.61% | 60.21% | Bottom third Ahead of 14% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.3M | $7.6M | Bottom third Ahead of 24% of peers |
| Loans to deposits Net loans and leases over total deposits. | 74.17% | 88.88% | Context |
What it means for lending operations
Its efficiency ratio of 65.61% is above the 60.21% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Old Dominion National Bank Charlottesville, VA · $1.80B
- Virginia National Bank Charlottesville, VA · $1.64B
- The National Bank of Blacksburg Blacksburg, VA · $1.83B
- Bank Of Clarke Berryville, VA · $1.85B
- Benchmark Community Bank Kenbridge, VA · $1.41B
- Farmers & Merchants Bank Timberville, VA · $1.40B
Questions about Chesapeake Bank
How big is Chesapeake Bank?
Chesapeake Bank, established in 1900, is headquartered in Kilmarnock, VA. It reported $1.72B in total assets in its Q2 2026 FDIC call report and operates 19 offices.
What is Chesapeake Bank's return on assets?
1.78% annualized in Q2 2026, against a 1.19% median for 21 VA banks with half to twice its assets, ahead of 86% of them.
What is Chesapeake Bank's efficiency ratio?
65.61% in Q2 2026: it spent about 66 cents in noninterest expense for each dollar of revenue. The peer median is 60.21%, and lower is better.
Is Chesapeake Bank growing its loans?
Net loans grew 18.6% over the year to Q2 2026, while deposits grew 2.1%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are VA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Virginia bank ranked.