Call reports 2004
CHEMUNG CANAL TRUST COMPANY — 2004
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 755,314,000 | 731,332,000 | 731,298,000 | 719,648,000 |
| Total loans | 387,437,000 | 387,781,000 | 389,331,000 | 384,670,000 |
| Allowance for loan losses | 10,268,000 | 10,322,000 | 9,769,000 | 9,983,000 |
| Securities available for sale | 280,100,000 | 276,943,000 | 274,588,000 | 242,798,000 |
| Securities held to maturity | 15,095,000 | 14,919,000 | 15,351,000 | 12,139,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 551,271,000 | 532,328,000 | 527,566,000 | 520,655,000 |
| Interest-bearing deposits | 431,061,000 | 415,108,000 | 409,345,000 | 391,849,000 |
| Noninterest-bearing deposits | 120,210,000 | 117,220,000 | 118,221,000 | 128,806,000 |
| Equity capital | 78,749,000 | 74,949,000 | 79,107,000 | 78,359,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 9,271,000 | 18,244,000 | 27,318,000 | 36,190,000 |
| Interest expense | 2,811,000 | 5,523,000 | 8,216,000 | 10,950,000 |
| Net interest income | 6,460,000 | 12,721,000 | 19,102,000 | 25,240,000 |
| Noninterest income | 2,944,000 | 6,138,000 | 9,131,000 | 13,120,000 |
| Noninterest expense | 6,030,000 | 12,492,000 | 18,619,000 | 25,139,000 |
| Provision for loan losses | 500,000 | 833,000 | 1,167,000 | 1,500,000 |
| Pretax income | 3,093,000 | 5,753,000 | 8,666,000 | 12,323,000 |
| Income tax | 955,000 | 1,724,000 | 2,632,000 | 3,814,000 |
| Net income | 2,138,000 | 4,029,000 | 6,034,000 | 8,509,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,941,000 | 69,117,000 | 69,911,000 | 70,150,000 |
| Total capital | 76,562,000 | 77,794,000 | 78,771,000 | 79,225,000 |
| Risk-weighted assets | 445,089,000 | 445,160,000 | 444,481,000 | 439,672,000 |