Call reports 2005
CHEMUNG CANAL TRUST COMPANY — 2005
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 707,284,000 | 708,556,000 | 726,827,000 | 715,157,000 |
| Total loans | 394,527,000 | 404,618,000 | 414,248,000 | 418,689,000 |
| Allowance for loan losses | 10,248,000 | 10,387,000 | 9,719,000 | 9,778,000 |
| Securities available for sale | 237,140,000 | 240,800,000 | 234,336,000 | 232,374,000 |
| Securities held to maturity | 12,471,000 | 7,803,000 | 8,250,000 | 8,586,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 526,464,000 | 525,711,000 | 552,029,000 | 525,729,000 |
| Interest-bearing deposits | 401,110,000 | 396,162,000 | 415,435,000 | 386,104,000 |
| Noninterest-bearing deposits | 125,354,000 | 129,549,000 | 136,594,000 | 139,625,000 |
| Equity capital | 76,714,000 | 78,311,000 | 77,770,000 | 77,593,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 8,592,000 | 17,477,000 | 26,617,000 | 35,958,000 |
| Interest expense | 2,594,000 | 5,282,000 | 8,147,000 | 11,240,000 |
| Net interest income | 5,998,000 | 12,195,000 | 18,470,000 | 24,718,000 |
| Noninterest income | 2,823,000 | 5,883,000 | 9,119,000 | 12,485,000 |
| Noninterest expense | 6,361,000 | 12,940,000 | 19,438,000 | 26,916,000 |
| Provision for loan losses | 325,000 | 650,000 | 975,000 | 1,300,000 |
| Pretax income | 2,135,000 | 4,494,000 | 7,182,000 | 8,993,000 |
| Income tax | 609,000 | 1,273,000 | 2,081,000 | 2,567,000 |
| Net income | 1,526,000 | 3,221,000 | 5,101,000 | 6,426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,770,000 | 70,616,000 | 71,269,000 | 72,095,000 |
| Total capital | 79,915,000 | 79,857,000 | 80,837,000 | 81,664,000 |
| Risk-weighted assets | 446,448,000 | 457,209,000 | 468,410,000 | 469,331,000 |