Recent Updates — CBNA
Chain Bridge Bancorp, Inc. reported financial results for the second quarter and first half of 2026. Net income for the quarter ended June 30, 2026, was $9.5 million, or $1.45 per share, compared to $7.1 million in the prior quarter and $4.6 million a year earlier. Total assets reached $2.2 billion, driven by a 54.6% year-over-year increase in total deposits to $2.0 billion, largely attributed to inflows from political organization clients. Net interest income rose to $17.1 million, supported by growth in the taxable investment securities portfolio and interest-bearing deposits at other banks. The company reported a book value per share of $27.99 and maintained a non-performing asset ratio of 0.00%. Chain Bridge Bancorp, Inc. operates as a bank holding company providing banking, trust, and wealth management services.
On July 14, 2026, Chain Bridge Bancorp, Inc. adopted a Short-Term Incentive Cash Compensation Plan, which provides annual cash incentive awards to eligible employees of Chain Bridge Bank, N.A. based on performance objectives. For named executive officers, award opportunities are set at 100% of salary unless otherwise determined. Additionally, the Board adopted an amendment and restatement of the Long-Term Cash Incentive Plan. The updated Long-Term Plan allows all unvested awards to vest in full upon a participant's separation from service on or after their retirement date (age 65) after at least three years of service. This amended plan governs awards granted on or after September 10, 2024. Chain Bridge Bancorp, Inc. is a financial services company providing banking services.