Chesapeake Financial Shares Inc., the parent company of both Chesapeake Bank and Chesapeake Wealth Management, had earnings of $6,454,594 for the fourth quarter of 2025, which was double the earnings for the fourth quarter of 2024, reported Chesapeake chairman and CEO Jeffrey M. Szyperski. Earnings for calendar year 2025 of $10,000,366 represented a 12.5 percent decrease from 2024 earnings. The decrease is due to the company proactively repositioning approximately $75 million of investments into higher rates resulting in an $8,000,323 after-tax charge to earnings in the first quarter, a release stated. This repositioning, as well as deploying funds from a new subordinated debt issue, has strengthened earnings going forward, the release added. The reported earnings per share were $2.123 fully diluted as compared to $2.422 in 2024. Chesapeake Financial Shares ended the year Dec. 31, 2025 with total assets of $1,670,174,891, a 9.5 percent increase over year-end 2024. Nonperforming assets ...