Call reports 2021
CORTLAND SAVINGS AND BANKING COMPANY, THE — 2021
What CORTLAND SAVINGS AND BANKING COMPANY, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Total assets | 788,399,000 | 789,506,000 | 795,629,000 |
| Total loans | 525,195,000 | 495,505,000 | 506,330,000 |
| Allowance for loan losses | 6,020,000 | 5,979,000 | 5,956,000 |
| Securities available for sale | 167,143,000 | 171,313,000 | 193,157,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 680,627,000 | 677,720,000 | 693,183,000 |
| Interest-bearing deposits | 465,510,000 | 455,106,000 | 455,031,000 |
| Noninterest-bearing deposits | 215,117,000 | 222,614,000 | 238,152,000 |
| Equity capital | 77,502,000 | 80,002,000 | 79,389,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Interest income | 6,931,000 | 13,553,000 | 20,327,000 |
| Interest expense | 534,000 | 946,000 | 1,290,000 |
| Net interest income | 6,397,000 | 12,607,000 | 19,037,000 |
| Noninterest income | 1,703,000 | 3,172,000 | 5,034,000 |
| Noninterest expense | 4,771,000 | 9,530,000 | 15,125,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 3,400,000 | 6,305,000 | 9,155,000 |
| Income tax | 536,000 | 966,000 | 1,566,000 |
| Net income | 2,864,000 | 5,339,000 | 7,589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Tier 1 capital | 74,384,000 | 76,110,000 | 76,960,000 |
| Total capital | 86,488,000 | 88,173,000 | 89,000,000 |
| Risk-weighted assets | 558,797,000 | 559,027,000 | 600,029,000 |