Company Overview of Chain Bridge Bancorp, Inc.
Chain Bridge Bancorp, Inc. operates as a bank holding company for Chain Bridge Bank, National Association which offers personal and commercial banking services. The company was founded in 2007 and is based in McLean, Virginia.
1445-A Laughlin Avenue
McLean, VA 22101
Founded in 2007
Key Executives for Chain Bridge Bancorp, Inc.
Executive Director and Chairman of Chain Bridge Bank
Compensation as of Fiscal Year 2014.
Chain Bridge Bancorp, Inc. Key Developments
Samuel A. Schreiber Joins Board of Directors of Chain Bridge Bank, National Association and Chain Bridge Bancorp, Inc
Jan 16 14
Chain Bridge Bank, N.A. announced that Samuel A. Schreiber joined the Board of Directors of the Bank and of its holding company, Chain Bridge Bancorp, Inc. Schreiber is a 25 year veteran of Wells Fargo and its predecessor, Wachovia. Peter G. Fitzgerald will remain Chairman, and John J. Brough will remain Chief Executive Officer, of both the bank and holding company.
Chain Bridge Bancorp, Inc. Announces Unaudited Consolidated Earnings Results for the Year Ended December 31, 2012; Provides Earnings Guidance for 2013
Feb 7 13
Chain Bridge Bancorp, Inc. announced unaudited consolidated earnings results for the year ended December 31, 2012. The company reported, net income grew 23% in 2012, to $2.956 million or $146.92 per share, up from $2.403 million, or $128.82 per share in 2011. Return on average assets was 0.87% compared to 1.08% a year ago. Return on average equity was 10.04% compared to 10.66% a year ago. Book value per share was $1,531.61 compared to $1,334.69 a year ago. Net interest income increased by $2.0 million as average earning assets grew $116 million to $330 million.
The banking outlook for the coming year 2013 contains the same interest rate and regulatory challenges faced over the past year with the added complexity of uncertain fiscal policy decisions. Low rates will continue to place further pressure on net interest income throughout 2013. Likewise, enhanced operating controls will be needed to stay ahead of ever changing regulatory expectations.
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