Call reports 2010
CHEMUNG CANAL TRUST COMPANY — 2010
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,004,958,000 | 998,025,000 | 969,696,000 | 957,179,000 |
| Total loans | 586,534,000 | 588,818,000 | 591,063,000 | 614,170,000 |
| Allowance for loan losses | 10,164,000 | 10,447,000 | 9,660,000 | 9,498,000 |
| Securities available for sale | 266,605,000 | 261,336,000 | 245,249,000 | 222,930,000 |
| Securities held to maturity | 10,053,000 | 9,312,000 | 8,028,000 | 7,715,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 834,072,000 | 833,345,000 | 804,321,000 | 789,948,000 |
| Interest-bearing deposits | 641,304,000 | 645,958,000 | 614,108,000 | 590,641,000 |
| Noninterest-bearing deposits | 192,768,000 | 187,387,000 | 190,213,000 | 199,307,000 |
| Equity capital | 88,310,000 | 91,119,000 | 93,626,000 | 92,881,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 10,867,000 | 21,751,000 | 32,389,000 | 42,741,000 |
| Interest expense | 2,356,000 | 4,465,000 | 6,422,000 | 8,219,000 |
| Net interest income | 8,511,000 | 17,286,000 | 25,967,000 | 34,522,000 |
| Noninterest income | 4,108,000 | 8,193,000 | 12,332,000 | 18,641,000 |
| Noninterest expense | 9,028,000 | 18,221,000 | 26,966,000 | 37,089,000 |
| Provision for loan losses | 375,000 | 750,000 | 1,125,000 | 1,125,000 |
| Pretax income | 2,955,000 | 6,622,000 | 10,266,000 | 15,007,000 |
| Income tax | 931,000 | 2,103,000 | 3,229,000 | 5,095,000 |
| Net income | 2,024,000 | 4,519,000 | 7,037,000 | 9,912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,923,000 | 75,089,000 | 76,910,000 | 78,519,000 |
| Total capital | 83,179,000 | 84,804,000 | 86,914,000 | 88,836,000 |
| Risk-weighted assets | 631,461,000 | 631,868,000 | 630,403,000 | 639,816,000 |