Chesapeake Financial Shares, Inc., holding company of Chesapeake Bank and Chesapeake Wealth Management, recently held its 2018 Annual Shareholders Meeting at Rappahannock Westminster-Canterbury in Irvington. The company reported record earnings for 2018, a 21 percent increase over 2017.

Along with the numbers, Chesapeake’s chairman, president and CEO Jeff Szyperski presented banking industry trends, insights and regulatory matters.

“We like to share with our shareholders what is happening in the industry so they have a good perspective on our performance and path going forward,” Szyperski said. “A lot is happening in banking; merger-and-acquisition activity, new technology, and changing consumer behavior. It’s important for our shareholders to know this, how we are approaching them, and how we are preparing ourselves for the future.”

Since Szyperski holds the position of chairman of the American Bankers Association for the 2018-2019 term, he relay...