Chain Bridge Bancorp, Inc. · NYSE:CBNA
Chain Bridge Bancorp — Q2 2025 Earnings Presentation
26 slides from Chain Bridge Bancorp's earnings presentation, Sep 3, 2025
Slide 1: Investor Presentation
Chain Bridge —— BANCORP, INC. —— INVESTOR PRESENTATION
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements Forward-Looking Statements This Presentation contains forward-looking statements within the meaning of U.S. federal securities laws, which involve risks and uncertainties. You should not place undue reliance on forward- looking statements because
Slide 3: Our Executive Management Team
Our Executive Management Team Peter G. Fitzgerald John J. Brough II David M. Evinger Chairman of the Board Chief Executive Officer President, Director, and Chief Risk and Director Officer (Company and Bank), and Chief Credit Officer (Bank) Joanna R. Williamson Hilary E. Albrecht James R. Pollock Exe
Slide 4: Company Overview
Company Overview Chain Bridge Bancorp, Inc. is a Delaware-chartered bank holding company and the parent of its wholly-owned subsidiary, Chain Bridge Bank, N.A., a nationally chartered commercial bank with fiduciary powers granted by the Office of the Comptroller of the Currency. ● Founded: Incorpora
Slide 5: Share Structure (as of August 11, 2025)
Share Structure (as of August 11, 2025) ● Class A Common Stock: 3,151,496 shares outstanding o Publicly traded o Entitled to one vote per share ● Class B Common Stock: 3,410,321 shares outstanding o Entitled to 10 votes per share o Each share is convertible, at the option of the holder, into one sha
Slide 6: Key Ratios and Financial Performance
Key Ratios and Financial Performance As of or For the Six Months Ended As of or For the Twelve Months Ended December December December December December June 30, 31, 31, 31, 31, 31, (dollars in thousands, except per share data) 2025 2024 2023 2022 2021 2020 Key Ratios Liquidity ratio1 88.21 % 85.13%
Slide 7: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets June 30, (dollars in thousands) 2025 12/31/20241 12/31/20231 12/31/20221 12/31/20211 12/31/20201 Cash and cash equivalents $ 377,264 $ 410,739 $ 316,767 $ 98,663 $ 123,877 $ 76,221 Debt Securities2: U.S. Treasury securities2 426,193 320,976 195,364 200,078 446,2
Slide 8: Historical Book Value Per Share
Historical Book Value Per Share1 Historical Performance from December 31, 2007, to June 30, 2025 $27.50 $25.00 $23.92 $22.50 $21.98 $20.00 $18.26 $17.80 $17.49 $17.50 $15.06 $15.00 $14.31 $12.50 $11.72 $11.01 $9.97 $10.00 $9.28 $9.59 $9.01 $8.53 $7.85 $7.50 $6.35 $5.36 $5.64 $5.09 $5.00 $2.50 $— 200
Slide 9: Deposit Composition
Deposit Composition Deposits by Type as of June 30, 2025 Non-Transaction, 7.2% Total Deposits: $1.3B Transaction, 92.8% Transaction Accounts / Total Deposits 93.3% 92.8% 90.4% 89.9% 86.0% 84.1% 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 06/30/25 9
Slide 10: Experience in Serving Political Organizations
Experience in Serving Political Organizations ● Political organizations have historically represented a significant part of our deposit base, including: o Campaign committees o Party committees (national, state, and local) o Corporate and trade association PACs o Super PACs and Hybrid PACs o Non-com
Slide 11: Deposit Portfolio Seasonality
1) $— $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 9/ 30 12 / 201 /3 1/ 5 2 $0.40 ($ in billions) 3/ 015 31 /2 $0.38 6/ 016 30 /2 $0.43 Report on Form 10-K. 9/ 016 30 12 / 201 $0.48 /3 1/ 6 2 $0.58 3/ 016 31 /2 $0.44 6/ 017 30 /2 $0.44 9/ 017 30 12 / 201 $0.48 /3 1/ 7 2 $0.52 3/ 017 31 /2 $0.55 6/ 018
Slide 12: Liquidity Management
Liquidity Management Primary Sources of Liquidity $ in millions As of June 30, 2025 Cash Reserves Held at the Federal Reserve Bank $ 364.8 ICS® One-Way Sell® Deposits1 121.2 Available for Sale Securities (At Fair Value) 469.3 Total Primary Sources of Liquidity $ 955.3 Liquidity Ratio2 88.21% 85.13%
Slide 13: Balance Sheet Allocation
Balance Sheet Allocation Gross Loans1 / Deposits 43.4% 33.6% 24.9% 27.4% 25.1% 22.5% 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 6/30/2025 Asset Distribution Cash & Cash Equivalents Investment Grade Securities Gross Loans1 Other Assets 1.6% 1.5% 1.8% 1.5% 1.3% 1.5% 23.3% 25.2% 22.4% 19.9%
Slide 14: Securities Portfolio Overview
Securities Portfolio Overview Securities Composition as of June 30, 20251 State and municipal securities, 28.3% Total Securities: $758.5M¹ U.S. government treasuries, 56.2% Corporate bonds, 13.5% Mortgage backed securities, 1.0% U.S. federal agencies securities, 1.0% Securities Portfolio Breakdown b
Slide 15: Lending Approach and Credit Risk Management
Lending Approach and Credit Risk Management Asset Composition as of June 30, 2025 Loan Composition as of June 30, 2025 Cash & Equivalents, 26.1% Other Assets, 1.5% Residential real estate closed-end, $210.4M, 73.1% Gross Loans, 19.9% Gross Loans: Total Assets: $287.8M $1.4B (19.9% of Assets) Other c
Slide 16: Loan Portfolio and Credit Quality
Loan Portfolio and Credit Quality CRE Loans1 / Total Risk-Based Capital2 ADC Loans3 / Total Risk-Based Capital2 Chain Bridge Bancorp, Inc. Regulatory Guidance Chain Bridge Bancorp, Inc. Regulatory Guidance 100.00% 300.00% 46.93% 57.53% 51.02% 45.38% 11.39% 27.78% 23.88% 4.42% 5.13% 9.36% 1.37% 1.51%
Slide 17: Overview of Trust and Wealth Division
Overview of Trust and Wealth Division Fiduciary and Financial Services Our Key Offerings and Division Highlights Include: Trust Services Wealth Management and Planning Custody Services Our team manages a variety of We offer personalized investment Our custody services focus on trust types and offers
Slide 18: Profitability and Returns
Profitability and Returns1 Net Income (in millions) 1H Net Income 2H Net Income $20.9 $11.2 $10.2 $8.3 $8.8 $7.0 $6.0 $5.8 $6.1 $10.2 $2.2 $9.7 $6.7 $3.8 $0.3 $2.5 $2.7 2020 2021 2022 2023 2024 6/30/2025 YTD Return on Average Assets & Return on Average Risk-Weighted Assets2 Return on Average Equity2
Slide 19: Key Performance Indicators
Key Performance Indicators Net Interest Margin1 Noninterest Income / Average Assets1 3.46% 3.48% 2.70% 2.28% 2.08% 2.05% 0.66% 0.33% 0.24% 0.32% 0.20% 0.20% 2020Y 2021Y 2022Y 2023Y 2024Y 6/30/2025 2020Y 2021Y 2022Y 2023Y 2024Y 6/30/2025 YTD YTD Noninterest Expense / Average Assets1 Efficiency Ratio
Slide 20: Yields and Costs
Yields and Costs Yield on Average Interest-Earning Assets1 Yield on Cash2, Securities, and Loans1 3.75% 3.73% Cash Securities Loans 6.00% 5.00% 4.48% 3.10% 4.00% 4.64% 2.89% 3.00% 2.39% 2.00% 2.11% 2.15% 1.00% —% 2020Y 2021Y 2022Y 2023Y 2024Y 6/30/2025 2020Y 2021Y 2022Y 2023Y 2024Y 6/30/2025 YTD YTD
Slide 21: Capitalization
Capitalization1 Tangible Common Equity / Tangible Assets2 Double Leverage Ratio 3 10.86% 10.30% 112.60% 107.19% 107.19% 105.82% 8.02% 6.92% 6.67% 91.50% 5.71% 82.35% 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 6/30/2025 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 6/30/2025 Tier
Slide 22: Additional Information
Additional Information Where to Find More Information: • SEC Filings: www.sec.gov • Investor Relations Website: https://ir.chainbridgebank.com • Information Sourced from the Following Filings: ◦ Quarterly Report on Form 10-Q (Dated August 12, 2025, as of June 30, 2025) ◦ Earnings Release (Dated July
Slide 23: Appendix
I. Appendix 23
Slide 24: Historical Consolidated Balance Sheets
Historical Consolidated Balance Sheets (dollars in thousands, except share data) June 30, 2025 12/31/20241 12/31/20231 12/31/20221 12/31/20211 12/31/20201 Assets Total cash and cash equivalents 377,264 410,739 316,767 98,663 123,877 76,221 Securities available for sale, at fair value 469,292 358,329
Slide 25: Historical Consolidated Statements of Income
Historical Consolidated Statements of Income Six Months Ended Twelve Months Ended1 June 30, December 31, December 31, December 31, December 31, December 31, (dollars in thousands) 2025 2024 2023 2022 2021 2020 Interest and dividend income Interest and fees on loans $ 6,945 $ 13,787 $ 13,402 $ 11,311
Slide 26: Chain Bridge
Chain Bridge