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Condensed Financial Statements of Parent Company (Tables)
12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed Balance Sheet
Financial information pertaining only to Chain Bridge Bancorp, Inc. is as follows (dollars in thousands):
 December 31,
Balance Sheets20242023
Assets
Cash$25,760 $43 
Receivable from subsidiary29 103 
Investment in common stock of Chain Bridge Bank, N.A.118,788 88,291 
Total assets$144,577 $88,437 
Liabilities and stockholders' equity
Short-term borrowings$— $5,000 
Accrued expenses331 — 
Total liabilities$331 5,000 
Stockholders’ equity144,246 83,437 
Total liabilities and stockholders’ equity$144,577 $88,437 
Condensed Income Statement
December 31,
Statements of Income20242023
Dividend from Chain Bridge Bank, N.A.$1,120 $480 
Operating expenses
Interest expense and fees on short-term borrowings509 423 
Professional services1,851 30 
Other expenses613 41 
Total operating expenses2,973 494 
Loss before allocated tax expense and undistributed net income of Chain Bridge Bank, N.A.(1,853)(14)
Income tax benefit(624)(104)
Undistributed net income of Chain Bridge Bank, N.A.22,178 8,741 
Net income $20,949 $8,831 
Condensed Cash Flow Statement
December 31,
Statements of Cash Flows20242023
Cash flows from operating activities
Net income$20,949 $8,831 
Adjustments to reconcile net income to net cash used in operating activities:
Undistributed net income of Chain Bridge Bank, N.A.(22,178)(8,741)
Decrease (increase) in receivable from subsidiary75 (103)
Increase (decrease) in accrued expenses331 (41)
Net cash used in operating activities(823)(54)
Cash flows from investing activities
Investment in Chain Bridge Bank, N.A.(5,000)— 
Net cash used in investing activities(5,000)— 
Cash flows from financing activities
Net proceeds from common stock issued36,540 — 
Repayment of short-term borrowings(5,000)— 
Net cash provided by financing activities31,540 — 
Net increase (decrease) in cash and cash equivalents25,717 (54)
Cash and cash equivalents at beginning of period43 97 
Cash and cash equivalents at end of period$25,760 $43