Call reports 2009
CHEMUNG CANAL TRUST COMPANY — 2009
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 878,760,000 | 947,745,000 | 965,570,000 | 972,848,000 |
| Total loans | 555,949,000 | 615,087,000 | 605,399,000 | 596,053,000 |
| Allowance for loan losses | 9,138,000 | 9,131,000 | 10,167,000 | 9,967,000 |
| Securities available for sale | 188,465,000 | 198,364,000 | 224,174,000 | 230,300,000 |
| Securities held to maturity | 10,642,000 | 12,057,000 | 11,450,000 | 12,160,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 704,613,000 | 780,848,000 | 795,021,000 | 802,002,000 |
| Interest-bearing deposits | 542,167,000 | 606,957,000 | 616,505,000 | 606,265,000 |
| Noninterest-bearing deposits | 162,446,000 | 173,891,000 | 178,516,000 | 195,737,000 |
| Equity capital | 79,495,000 | 79,962,000 | 83,140,000 | 86,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 10,651,000 | 21,809,000 | 33,186,000 | 44,483,000 |
| Interest expense | 2,963,000 | 5,836,000 | 8,681,000 | 11,339,000 |
| Net interest income | 7,688,000 | 15,973,000 | 24,505,000 | 33,144,000 |
| Noninterest income | 3,687,000 | 7,973,000 | 12,401,000 | 16,701,000 |
| Noninterest expense | 8,791,000 | 19,366,000 | 28,490,000 | 38,662,000 |
| Provision for loan losses | 425,000 | 800,000 | 2,075,000 | 2,450,000 |
| Pretax income | 2,550,000 | 3,375,000 | 5,508,000 | 7,266,000 |
| Income tax | 804,000 | 920,000 | 1,540,000 | 1,998,000 |
| Net income | 1,746,000 | 2,455,000 | 3,968,000 | 5,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,249,000 | 70,441,000 | 71,286,000 | 71,590,000 |
| Total capital | 80,599,000 | 80,709,000 | 81,648,000 | 81,942,000 |
| Risk-weighted assets | 609,018,000 | 669,269,000 | 655,928,000 | 643,761,000 |