Call reports 2001
CHEMUNG CANAL TRUST COMPANY — 2001
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 731,974,000 | 725,028,000 | 726,348,000 | 721,898,000 |
| Total loans | 407,913,000 | 420,898,000 | 425,574,000 | 423,318,000 |
| Allowance for loan losses | 4,758,000 | 4,773,000 | 4,833,000 | 5,077,000 |
| Securities available for sale | 226,846,000 | 244,098,000 | 219,439,000 | 232,337,000 |
| Securities held to maturity | 6,187,000 | 5,132,000 | 5,357,000 | 7,116,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 559,694,000 | 524,788,000 | 546,833,000 | 521,862,000 |
| Interest-bearing deposits | 454,564,000 | 425,401,000 | 440,562,000 | 411,056,000 |
| Noninterest-bearing deposits | 105,130,000 | 99,387,000 | 106,271,000 | 110,806,000 |
| Equity capital | 70,788,000 | 72,630,000 | 75,401,000 | 74,817,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 12,181,000 | 24,631,000 | 37,007,000 | 49,065,000 |
| Interest expense | 5,807,000 | 11,501,000 | 16,843,000 | 21,727,000 |
| Net interest income | 6,374,000 | 13,130,000 | 20,164,000 | 27,338,000 |
| Noninterest income | 2,389,000 | 4,894,000 | 7,487,000 | 9,692,000 |
| Noninterest expense | 5,859,000 | 11,776,000 | 17,750,000 | 23,814,000 |
| Provision for loan losses | 188,000 | 375,000 | 613,000 | 1,100,000 |
| Pretax income | 2,716,000 | 5,944,000 | 9,719,000 | 12,547,000 |
| Income tax | 866,000 | 1,931,000 | 3,216,000 | 4,125,000 |
| Net income | 1,913,000 | 4,215,000 | 6,716,000 | 8,663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,639,000 | 62,226,000 | 63,990,000 | 65,209,000 |
| Total capital | 65,397,000 | 66,999,000 | 68,823,000 | 73,183,000 |
| Risk-weighted assets | 439,105,000 | 448,968,000 | 459,234,000 | 456,277,000 |