Chesapeake Financial Shares Inc. (OTCQX:CPKF) CEO Jeff Szyperski tells Proactive the parent company of Chesapeake Bank and Chesapeake Wealth Management, reported record earnings of $15,009,514 for calendar year 2021.
Szyperski says that’s a 27.7% year-over-year increase which was bolstered primarily by Paycheck Protection Program fees. He adds 2022 will be a slightly different picture, however, he remains optimistic on the bank's performance.