Chain Bridge Bancorp Inc-A 2024年度报告

FORM10-K xANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ___________ to ___________Commission file number001-42302_________________________ Chain Bridge Bancorp, Inc.(Exact name of registrant as specified in its charter) _________________________ 20-4957796 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)1445-ALaughlin Avenue,McLean,VA22101(Address of Principal Executive Offices)(Zip Code) (703)748-2005Registrant’s telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YesoNox Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.YesxNoo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).YesxNoo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation of its management's assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.o If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YesoNox The aggregate market value of the registrant’s voting and non-voting common equity held by non-affiliates of the registrant onDecember 31, 2024, based on the closing price of $25.07 per share of the registrant’s Class A common stock as reported by The NewYork Stock Exchange on December 31, 2024, was approximately $75,948,000. The registrant has elected to use December 31, 2024 asthe calculation date, which was the last business day of the registrant’s most recently completed fiscal year, because on June 28, 2024(the last business day of the registrant’s second fiscal quarter), the registrant was a privately-held company. As of March 20, 2025, the registrant had outstanding3,119,317shares of Class A Common Stock, par value $0.01 per share and3,442,500shares of the registrant's Class B Common Stock, par value $0.01 per share. DOCUMENTS INCORPORATED BY REFERENCE Portions of Chain Bridge Bancorp, Inc.’s Proxy Statement to be filed with the United States Securities and Exchange Commission inconnection with Chain Bridge Bancorp, Inc.’s 2025 Annual Meeting of Stockholders are incorporated by reference into Part III of thisForm 10-K. TABLE OF CONTENTS Index of Defined Terms and Acronyms4 Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities62Item 6. Reserved62Item7. Management's Discussion and Analysis of Financial Condition and Results of Operations63Item7A. Quantitative and Qualitative Disclosures About Market Risk91Item 8. Financial Statements93Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure134Item 9A. Controls and Procedures134Item 9B. Other Information134Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections134 Item 10. Di