CBNA · Chain Bridge Bancorp, Inc.

Chain Bridge Bancorp delivered strong Q1 2026 results with net income rising to $7.1 million from $5.3 million in Q4 2025, primarily fueled by a $1.4 million increase in net interest income to $14.9 million and a $1.3 million surge in deposit placement services to $1.7 million. The net interest margin expanded 15 basis points quarter-over-quarter to 3.41%, supported by a $131.6 million larger average taxable investment securities portfolio deployed into higher-yielding short-term U.S. Treasuries, plus lower interest expense from reduced interest-bearing deposits and improved funding costs. Credit loss recaptures of $379 thousand further boosted earnings, offsetting higher professional services costs. Year-over-year, net income increased $1.5 million, driven by $1.5 million more in deposit placement services and $1.1 million higher net interest income from investment portfolio growth, despite cyclical loan payoffs and lower interest on bank deposits. Total deposits grew to $1.7 billion, with ICS One-Way Sell deposits jumping to $595 million from $359.9 million prior quarter, attributed to seasonal political organization inflows ahead of federal elections and growth in 501(c)(4) deposits. Balance sheet expansion to $1.9 billion in assets reflected these dynamics, maintaining pristine asset quality at 0.00% non-performing assets. Book value per share advanced to $26.65, supported by retained earnings despite some AOCI pressure. Capital ratios remained robust, with Tier 1 leverage at 9.94% and total risk-based capital at 48.65%, underscoring a conservative, liquidity-rich profile with a 92.73% liquidity ratio. Trust & Wealth AUA reached $711.7 million, up significantly year-over-year on account growth.