Call reports 2002
CHEMUNG CANAL TRUST COMPANY — 2002
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 748,039,000 | 738,600,000 | 749,826,000 | 747,749,000 |
| Total loans | 429,546,000 | 432,773,000 | 429,307,000 | 432,215,000 |
| Allowance for loan losses | 5,307,000 | 5,501,000 | 6,573,000 | 7,674,000 |
| Securities available for sale | 233,779,000 | 238,048,000 | 228,266,000 | 250,393,000 |
| Securities held to maturity | 7,360,000 | 6,038,000 | 5,426,000 | 7,835,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 549,500,000 | 541,269,000 | 554,445,000 | 543,017,000 |
| Interest-bearing deposits | 441,814,000 | 434,093,000 | 445,312,000 | 433,414,000 |
| Noninterest-bearing deposits | 107,686,000 | 107,176,000 | 109,133,000 | 109,603,000 |
| Equity capital | 75,272,000 | 75,009,000 | 74,190,000 | 74,786,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 11,255,000 | 22,501,000 | 33,732,000 | 44,219,000 |
| Interest expense | 4,476,000 | 8,922,000 | 13,218,000 | 17,110,000 |
| Net interest income | 6,779,000 | 13,579,000 | 20,514,000 | 27,109,000 |
| Noninterest income | 2,350,000 | 4,993,000 | 7,465,000 | 10,042,000 |
| Noninterest expense | 6,436,000 | 12,780,000 | 19,240,000 | 25,060,000 |
| Provision for loan losses | 350,000 | 700,000 | 2,050,000 | 3,283,000 |
| Pretax income | 2,588,000 | 5,337,000 | 6,231,000 | 8,349,000 |
| Income tax | 797,000 | 1,650,000 | 1,722,000 | 2,252,000 |
| Net income | 1,856,000 | 4,021,000 | 4,843,000 | 6,442,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,778,000 | 64,678,000 | 63,267,000 | 63,133,000 |
| Total capital | 74,182,000 | 72,992,000 | 71,464,000 | 71,546,000 |
| Risk-weighted assets | 466,614,000 | 468,413,000 | 466,007,000 | 469,304,000 |