Call reports 2019
CORTLAND SAVINGS AND BANKING COMPANY, THE — 2019
What CORTLAND SAVINGS AND BANKING COMPANY, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 682,271,000 | 687,469,000 | 697,356,000 | 733,844,000 |
| Total loans | 484,634,000 | 483,622,000 | 493,423,000 | 523,606,000 |
| Allowance for loan losses | 4,340,000 | 4,485,000 | 4,641,000 | 4,465,000 |
| Securities available for sale | 136,372,000 | 136,236,000 | 136,456,000 | 136,131,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 572,319,000 | 577,005,000 | 587,334,000 | 618,500,000 |
| Interest-bearing deposits | 442,935,000 | 432,336,000 | 448,591,000 | 485,041,000 |
| Noninterest-bearing deposits | 129,384,000 | 144,669,000 | 138,743,000 | 133,459,000 |
| Equity capital | 64,464,000 | 67,963,000 | 70,766,000 | 70,936,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 7,588,000 | 14,987,000 | 22,210,000 | 29,637,000 |
| Interest expense | 1,372,000 | 2,776,000 | 4,184,000 | 5,576,000 |
| Net interest income | 6,216,000 | 12,211,000 | 18,026,000 | 24,061,000 |
| Noninterest income | 1,139,000 | 2,223,000 | 3,638,000 | 4,965,000 |
| Noninterest expense | 4,519,000 | 9,151,000 | 13,686,000 | 18,355,000 |
| Provision for loan losses | 175,000 | 355,000 | 535,000 | 715,000 |
| Pretax income | 2,661,000 | 4,884,000 | 7,399,000 | 9,912,000 |
| Income tax | 447,000 | 810,000 | 1,222,000 | 1,672,000 |
| Net income | 2,214,000 | 4,074,000 | 6,177,000 | 8,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,242,000 | 68,102,000 | 69,505,000 | 69,768,000 |
| Total capital | 76,665,000 | 78,671,000 | 80,230,000 | 80,317,000 |
| Risk-weighted assets | 583,402,000 | 563,180,000 | 571,447,000 | 569,625,000 |