Call reports 2003
CHEMUNG CANAL TRUST COMPANY — 2003
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 749,572,000 | 751,970,000 | 747,096,000 | 744,281,000 |
| Total loans | 425,238,000 | 417,586,000 | 399,091,000 | 390,346,000 |
| Allowance for loan losses | 6,312,000 | 7,756,000 | 9,784,000 | 9,848,000 |
| Securities available for sale | 215,009,000 | 222,836,000 | 276,948,000 | 276,877,000 |
| Securities held to maturity | 7,839,000 | 8,820,000 | 11,677,000 | 13,084,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 554,090,000 | 567,441,000 | 555,529,000 | 551,772,000 |
| Interest-bearing deposits | 444,653,000 | 449,872,000 | 438,904,000 | 429,409,000 |
| Noninterest-bearing deposits | 109,437,000 | 117,569,000 | 116,625,000 | 122,363,000 |
| Equity capital | 75,584,000 | 76,771,000 | 74,650,000 | 76,439,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 10,155,000 | 19,830,000 | 29,300,000 | 38,699,000 |
| Interest expense | 3,583,000 | 6,928,000 | 9,938,000 | 12,848,000 |
| Net interest income | 6,572,000 | 12,902,000 | 19,362,000 | 25,851,000 |
| Noninterest income | 2,533,000 | 5,380,000 | 8,474,000 | 11,566,000 |
| Noninterest expense | 6,205,000 | 12,355,000 | 18,763,000 | 24,681,000 |
| Provision for loan losses | 600,000 | 2,200,000 | 4,350,000 | 4,700,000 |
| Pretax income | 2,840,000 | 4,677,000 | 5,908,000 | 9,221,000 |
| Income tax | 885,000 | 1,394,000 | 1,687,000 | 2,602,000 |
| Net income | 2,016,000 | 3,446,000 | 4,391,000 | 6,815,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,404,000 | 65,106,000 | 65,319,000 | 67,025,000 |
| Total capital | 72,687,000 | 73,582,000 | 73,572,000 | 75,530,000 |
| Risk-weighted assets | 464,845,000 | 463,098,000 | 448,212,000 | 446,382,000 |