Call reports 2017
CORTLAND SAVINGS AND BANKING COMPANY, THE — 2017
What CORTLAND SAVINGS AND BANKING COMPANY, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 616,430,000 | 631,176,000 | 628,498,000 | 707,619,000 |
| Total loans | 399,523,000 | 412,891,000 | 414,940,000 | 490,270,000 |
| Allowance for loan losses | 4,855,000 | 4,830,000 | 4,777,000 | 4,578,000 |
| Securities available for sale | 162,518,000 | 160,096,000 | 162,468,000 | 159,841,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 517,896,000 | 531,463,000 | 526,881,000 | 586,112,000 |
| Interest-bearing deposits | 405,400,000 | 417,788,000 | 409,050,000 | 462,560,000 |
| Noninterest-bearing deposits | 112,496,000 | 113,675,000 | 117,831,000 | 123,552,000 |
| Equity capital | 54,121,000 | 55,993,000 | 57,965,000 | 58,028,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,695,000 | 11,499,000 | 17,360,000 | 23,488,000 |
| Interest expense | 762,000 | 1,546,000 | 2,350,000 | 3,201,000 |
| Net interest income | 4,933,000 | 9,953,000 | 15,010,000 | 20,287,000 |
| Noninterest income | 877,000 | 1,972,000 | 4,152,000 | 5,101,000 |
| Noninterest expense | 4,527,000 | 9,054,000 | 13,606,000 | 18,033,000 |
| Provision for loan losses | 0 | 0 | 100,000 | 100,000 |
| Pretax income | 1,292,000 | 2,902,000 | 5,480,000 | 7,262,000 |
| Income tax | 229,000 | 571,000 | 944,000 | 2,523,000 |
| Net income | 1,063,000 | 2,331,000 | 4,536,000 | 4,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,083,000 | 57,950,000 | 59,756,000 | 59,853,000 |
| Total capital | 68,022,000 | 68,863,000 | 70,616,000 | 70,514,000 |
| Risk-weighted assets | 469,996,000 | 478,393,000 | 492,017,000 | 509,587,000 |