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CPKF
Chesapeake Financial Shares, Inc.

Common Stock

21.25

0.25

1.19%

20.75 / 21.50 (200 x 100)

Real-Time Best Bid & Ask: 05:00pm 06/13/2025
Delayed (15 Min) Trade Data: 12:00am 06/13/2025
Chesapeake Financial Shares, Inc. Company Logo

P.O. Box 1419

35 School Street

Kilmarnock, VA 22482

Business Description
Chesapeake Financial Shares, Inc. is a one-bank holding company that was originally chartered in 1900 and is based in Kilmarnock, VA. The holding company operates two subsidiaries, Chesapeake Bank and Chesapeake Wealth Management, Inc. Chesapeake Bank is primarily a lender to small businesses. Personal and business products and services offered include checking, savings, CDs, mortgages, mobile and online banking, e-services comprising an internet branch, and a business cash management program. The Bank currently operates 18 branches; four in the Northern Neck, three in the Middle Peninsula, five in Williamsburg, and five in Richmond. The Bank also offers merchant processing services for credit ...
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Corporate Structure
Financial Reporting
Reporting Status
U.S. Reporting: Bank/Thrift
Audited Financials
Audited
CIK
0000847538
Fiscal Year End
12/31
Company Officers & Contacts
Jeffrey M. Szyperski
President, CEO

Rebecca A. Foster
Senior VP, CFO, COO, Corporate Secretary

Sharon Fulford
Assistant Controller

Diana N. Rock
Controller

Board of Directors
Jeffrey M. Szyperski
Chairman, President, CEO

R. Blaine Altaffer
Independent Director

David E. Bush
Independent Director, Audit Committee Member

James M. Holmes
Independent Director, Audit Committee Member

Earl T. Granger, III
Independent Director

William F Shumadine Jr.
Independent Director, Compensation Committee Member

Thomas E Kellum
Independent Director

Craig Kelly
Independent Director

Susan Quinn
Independent Director, Compensation Committee Member

Delores (Dee Ann) Remo
Independent Director, Audit Committee Member

Robert J Singley
Independent Director, Compensation Committee Member

Thomas Tingle
Independent Director

Other Company Insiders

None

Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.
Service Providers
Accounting/Auditing Firm
Elliott Davis

1901 Main Street

Suite 900

Columbia, SC 29201

Securities Counsel
Williams Mullen

200 South 10th Street

Suite 1600

Richmond, VA 23219

Profile Data
SIC - Industry Classification
6712 - Bank holding companies
Incorporation Information
VA, US, 1900
Employees
288 as of 10/31/2024
Shell
No
Bank / Thrift
Yes
Products and Services

Chesapeake Bank offers personal products and services such as checking accounts, savings accounts, CD's and IRA's, safe deposit box, overdraft services home loans, personal loans, mobile banking, online banking, mobile payments, ATM, personal financial management and roundup. Business products and services such as checking, myCard, mobile banking, online banking, remote deposit capture, ACH, wire transfer, payroll, commercial real estate loans, business loans, business line of credit, accounts receivable financing, business credit cards, credit and debit card processing and bill pay. Wealth Management services such as investment and wealth management and trust and estate services.

Company Facilities

The Bank currently operates 17 branches: four in the Northern Neck, three in the Middle Peninsula, five in Williamsburg, and five in Richmond. The Bank also operates an LPO in Newport News. The Bank also offers merchant processing services for credit and debit card transactions. Chesapeake Wealth Management is an independent wealth management firm with $413 million in assets. They offer brokerage, trust, and estate management services.

OTCQX Best Market Logo
Joined OTCQX 09/2019
The Company Profile data was verified by the issuer within the previous 6 months.
This security is not a Penny Stock as defined in SEC Rule 240.3a51-1.
The company’s transfer agent has verified its outstanding shares directly to OTC Markets.
The Company’s board of directors includes at least two Independent Directors.
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