Call reports 2015
CORTLAND SAVINGS AND BANKING COMPANY, THE — 2015
What CORTLAND SAVINGS AND BANKING COMPANY, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 552,393,000 | 565,093,000 | 566,497,000 | 608,615,000 |
| Total loans | 345,309,000 | 360,647,000 | 362,956,000 | 398,287,000 |
| Allowance for loan losses | 5,365,000 | 5,454,000 | 5,176,000 | 5,194,000 |
| Securities available for sale | 159,534,000 | 156,452,000 | 148,677,000 | 150,852,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 7,929,000 | 7,955,000 | 8,083,000 | 8,134,000 |
| Total deposits | 439,639,000 | 448,341,000 | 454,773,000 | 496,526,000 |
| Interest-bearing deposits | 349,670,000 | 353,258,000 | 355,846,000 | 388,260,000 |
| Noninterest-bearing deposits | 89,969,000 | 95,083,000 | 98,927,000 | 108,266,000 |
| Equity capital | 53,352,000 | 51,838,000 | 53,354,000 | 52,848,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 5,216,000 | 10,422,000 | 15,716,000 | 21,110,000 |
| Interest expense | 649,000 | 1,281,000 | 1,930,000 | 2,610,000 |
| Net interest income | 4,567,000 | 9,141,000 | 13,786,000 | 18,500,000 |
| Noninterest income | 1,039,000 | 1,880,000 | 2,914,000 | 3,771,000 |
| Noninterest expense | 3,890,000 | 7,874,000 | 11,784,000 | 15,850,000 |
| Provision for loan losses | 160,000 | 290,000 | 390,000 | 455,000 |
| Pretax income | 1,556,000 | 2,857,000 | 4,523,000 | 6,041,000 |
| Income tax | 342,000 | 597,000 | 995,000 | 1,352,000 |
| Net income | 1,214,000 | 2,260,000 | 3,528,000 | 4,689,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,643,000 | 51,378,000 | 53,124,000 | 53,086,000 |
| Total capital | 62,830,000 | 62,751,000 | 64,384,000 | 64,363,000 |
| Risk-weighted assets | 414,751,000 | 428,832,000 | 434,295,000 | 441,942,000 |