CHAIN BRIDGE BANCORP INC
For the period ended Dec 31, 2025. Filed Mar 20, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 20, 2026
CBNA$50.66+1.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
| Page | |
|---|---|
| Index of Defined Terms and Acronyms | 4 |
| Cautionary Note Regarding Forward-Looking Statements | 6 |
| Part I | |
| Item 1. Business | 8 |
| Item 1A. Risk Factors | 23 |
| Item 1B. Unresolved Staff Comments | 58 |
| Item 1C. Cybersecurity | 58 |
| Item 2. Properties | 60 |
| Item 3. Legal Proceedings | 61 |
| Item 4. Mine Safety Disclosures | 61 |
| Part II | |
| Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 62 |
| Item 6. Reserved | 62 |
| Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations | 63 |
| Item 7A. Quantitative and Qualitative Disclosures About Market Risk | 91 |
| Item 8. Financial Statements | 93 |
| Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 134 |
| Item 9A. Controls and Procedures | 134 |
| Item 9B. Other Information | 134 |
| Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 134 |
| Part III | |
| Item 10. Directors, Executive Officers and Corporate Governance | 135 |
| Item 11. Executive Compensation | 135 |
| Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 135 |
| Item 13. Certain Relationships and Related Transactions, and Director Independence | 135 |
| Item 14. Principal Accountant Fees and Services | 135 |
| Part IV | |
| Item 15. Exhibits and Financial Statement Schedules | 136 |
| Signatures | 137 |
INDEX OF DEFINED TERMS AND ACRONYMS
| ACL | Allowance for Credit Losses |
|---|---|
| AFS | Available for Sale |
| AI | Artificial Intelligence |
| ALCO | Asset Liability Investment Committee of the Board of Directors of Chain Bridge Bank, N.A. |
| AOCI | Accumulated Other Comprehensive Income (Loss) |
| ASU | Accounting Standards Update |
| AUA | Assets Under Administration |
| AUC | Assets Under Custody |
| AUM | Assets Under Management |
| Bank | Chain Bridge Bank, N.A. |
| BHC | Bank Holding Company |
| BHC Act | U.S. Bank Holding Company Act of 1956, as amended |
| Board or Board of Directors | The Board of Directors of Chain Bridge Bancorp, Inc. |
| bps | Basis points, defined as one hundredth of one percentage point |
| Bylaws | Our amended and restated bylaws, which have been adopted by our Board |
| Call Report | The Federal Financial Institutions Examination Council (“FFIEC”) Consolidated Reports of Condition and Income, which the Bank files with the FFIEC on a quarterly basis |
| CECL | Current Expected Credit Losses (ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments) |
| Chain Bridge, CBNA, the Company, we, us, our | Chain Bridge Bancorp, Inc., and its Subsidiaries |
| Charter | Our amended and restated certificate of incorporation, which became effective on October 3, 2024. The Charter authorizes the establishment of our Class A common stock and Class B common stock and effected the reclassification of each outstanding share of our common stock into 170 shares of Class B common stock |
| Class A common stock | Our Class A common stock, par value $0.01 per share |
| Class B common stock | Our Class B common stock, par value $0.01 per share |
| Common stock | Our Class A common stock and our Class B common stock |
| CRE | Commercial real estate |
| DGCL | Delaware General Corporation Law |
| EPS | Earnings per share |
| EVE | Economic value of equity |
| FASB | Financial Accounting Standard Board |
| FDIA | Federal Deposit Insurance Act |
| FDIC | Federal Deposit Insurance Corporation |
| Federal Reserve | Federal Reserve System, the Board of Governors of the Federal Reserve System, or the Federal Reserve Bank of Richmond, Virginia |
| FFIEC | Federal Financial Institutions Examination Council |
| FHLB | Federal Home Loan Bank |
| Fitzgerald Family | Collectively, the lineal descendants of Gerald Francis Fitzgerald, deceased, and Marjorie Gosselin Fitzgerald, their spouses or surviving spouses, children, and grandchildren, and the spouses of their children and grandchildren. These persons include, but are not limited to, Peter Gosselin Fitzgerald, Gerald Francis Fitzgerald, Jr., James Gosselin Fitzgerald, Thomas Gosselin Fitzgerald, Julie Fitzgerald Schauer, Thomas Gosselin Fitzgerald, Jr., Andrew James Fitzgerald, and Lauren Fitzgerald Peterson |
| FRB | Federal Reserve Bank of Richmond |
| GAAP | Generally Accepted Accounting Principles |
|---|---|
| HTM | Held to Maturity |
| ICS® | IntraFi Cash Service® |
| IPO | Initial public offering |
| IT | Information Technology |
| IT Committee | Information Technology Committee of the Board of Directors of Chain Bridge Bank, N.A. |
| N/A | Not Applicable |
| NBID | The National Bank Interdeposit Network |
| NM | Not Meaningful (Comparisons of positive and negative values or to zero values are considered not meaningful) |
| OCC | Office of the Comptroller of the Currency |
| Old common stock | Our common stock, par value $1.00 per share, prior to the Reclassification |
| Political organizations | Campaign committees; party committees; separate segregated funds (including trade association political action committees (“PACs”) and corporate PACs); non-connected committees (including independent expenditure-only committees (“Super PACs”), committees maintaining separate accounts for direct contributions and independent expenditures (“Hybrid PACs”), and committees other than authorized campaign committees, or those affiliated with such committees that are maintained or controlled by a candidate or federal officeholder (collectively, “Leadership PACs”)); and other tax-exempt organizations under Section 527 of the Internal Revenue Code |
| Pre-IPO investors | The holders of our shares of old common stock immediately prior to the Reclassification |
| Reclassification | The reclassification of each outstanding share of our old common stock into 170 shares of Class B common stock |
| Return on average risk-weighted assets | Return on average risk-weighted assets is calculated as net income divided by average risk-weighted assets. Average risk-weighted assets are calculated using the last five quarter ends. |
| RWA | Risk-weighted assets |
| SEC | United States Securities and Exchange Commission |
| Tier 1 capital ratio | Tier 1 capital, which includes Common Equity Tier 1 capital plus non-cumulative perpetual preferred equity that qualifies as additional tier 1 capital, divided by total risk-weighted assets as defined under the U.S. Basel III Standardized approach |
| Tier 1 leverage ratio | Tier 1 capital, which includes Common Equity Tier 1 capital plus non-cumulative perpetual preferred equity that qualifies as additional tier 1 capital, divided by quarterly adjusted average assets as defined under the U.S. Basel III Standardized approach |
| Total capital ratio | Total capital, which includes Common Equity Tier 1 capital, tier 1 capital, and allowance for credit losses and qualifying subordinated debt that qualifies as tier 2 capital, divided by total risk-weighted assets as defined under the U.S. Basel III Standardized approach |
| Transaction accounts | As defined in the instructions for the Call Report |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.