Call reports 2013
CORTLAND SAVINGS AND BANKING COMPANY, THE — 2013
What CORTLAND SAVINGS AND BANKING COMPANY, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 542,930,000 | 534,212,000 | 533,156,000 | 553,444,000 |
| Total loans | 314,091,000 | 316,370,000 | 320,866,000 | 347,489,000 |
| Allowance for loan losses | 3,891,000 | 4,145,000 | 3,943,000 | 3,764,000 |
| Securities available for sale | 172,960,000 | 162,826,000 | 147,894,000 | 157,837,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 6,952,000 | 7,159,000 | 7,247,000 |
| Total deposits | 441,251,000 | 431,098,000 | 427,757,000 | 448,888,000 |
| Interest-bearing deposits | 358,621,000 | 346,884,000 | 343,462,000 | 358,764,000 |
| Noninterest-bearing deposits | 82,630,000 | 84,214,000 | 84,295,000 | 90,124,000 |
| Equity capital | 46,705,000 | 45,103,000 | 45,388,000 | 45,813,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,044,000 | 9,982,000 | 14,929,000 | 20,057,000 |
| Interest expense | 911,000 | 1,771,000 | 2,615,000 | 3,407,000 |
| Net interest income | 4,133,000 | 8,211,000 | 12,314,000 | 16,650,000 |
| Noninterest income | 1,280,000 | 2,518,000 | 3,391,000 | 4,218,000 |
| Noninterest expense | 4,096,000 | 8,287,000 | 12,727,000 | 16,652,000 |
| Provision for loan losses | 200,000 | 350,000 | 500,000 | 650,000 |
| Pretax income | 1,117,000 | 2,244,000 | 3,016,000 | 2,147,000 |
| Income tax | 259,000 | 505,000 | 634,000 | 192,000 |
| Net income | 858,000 | 1,739,000 | 2,382,000 | 1,955,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,282,000 | 48,277,000 | 48,211,000 | 46,429,000 |
| Total capital | 57,257,000 | 58,506,000 | 58,238,000 | 56,276,000 |
| Risk-weighted assets | 397,235,000 | 407,767,000 | 414,248,000 | 411,359,000 |