Chesapeake Financial Shares, Inc., parent company of Chesapeake Bank and Chesapeake Wealth Management, reported earnings of nearly $6 million for the third quarter of 2022, according to Chairman of the Board and CEO Jeffrey M. Szyperski. The $5,947,059 represents a 57.7 percent increase over third-quarter earnings last year. Included in the third-quarter earnings is a $2.2 million one-time gain on the sale of a partial interest in an investment brokerage firm. The reported earnings per share were $1.261 fully diluted compared to $0.778 fully diluted for the third quarter of 2021. Total assets ended the quarter at $1,333,946,527. “Asset quality is as strong as it has ever been as we proceed into potentially tumultuous times,” said Szyperski. “Nonperforming assets were at 0.432 percent on Sept. 30, 2022 compared to 0.766 percent on Sept. 30, 2021. Loans outstanding increased by $19,160,019 from June 30, 2022, ending the quarter at $724,052,173. The net interest margin was 3.786 percent f...