Call reports 2006
CHEMUNG CANAL TRUST COMPANY — 2006
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 721,820,000 | 712,650,000 | 728,995,000 | 735,119,000 |
| Total loans | 435,183,000 | 451,862,000 | 466,983,000 | 477,664,000 |
| Allowance for loan losses | 9,833,000 | 9,264,000 | 9,220,000 | 7,983,000 |
| Securities available for sale | 215,921,000 | 197,306,000 | 196,584,000 | 184,212,000 |
| Securities held to maturity | 8,384,000 | 8,563,000 | 8,146,000 | 6,866,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 575,170,000 | 560,070,000 | 581,041,000 | 585,856,000 |
| Interest-bearing deposits | 439,162,000 | 421,355,000 | 436,434,000 | 434,131,000 |
| Noninterest-bearing deposits | 136,008,000 | 138,715,000 | 144,607,000 | 151,725,000 |
| Equity capital | 77,611,000 | 75,966,000 | 78,691,000 | 78,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 9,433,000 | 19,241,000 | 29,303,000 | 39,608,000 |
| Interest expense | 3,364,000 | 7,091,000 | 10,985,000 | 15,106,000 |
| Net interest income | 6,069,000 | 12,150,000 | 18,318,000 | 24,502,000 |
| Noninterest income | 3,110,000 | 6,582,000 | 10,151,000 | 13,575,000 |
| Noninterest expense | 6,875,000 | 14,019,000 | 21,266,000 | 29,106,000 |
| Provision for loan losses | 125,000 | 125,000 | 125,000 | 125,000 |
| Pretax income | 2,179,000 | 4,588,000 | 7,089,000 | 8,873,000 |
| Income tax | 635,000 | 1,327,000 | 2,071,000 | 2,559,000 |
| Net income | 1,544,000 | 3,261,000 | 5,018,000 | 6,314,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,676,000 | 72,882,000 | 73,404,000 | 73,784,000 |
| Total capital | 82,424,000 | 82,660,000 | 83,258,000 | 83,899,000 |
| Risk-weighted assets | 480,387,000 | 491,442,000 | 497,056,000 | 508,744,000 |