Call reports 2011
CHEMUNG CANAL TRUST COMPANY — 2011
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 983,860,000 | 1,235,315,000 | 1,263,403,000 | 1,213,554,000 |
| Total loans | 612,539,000 | 789,061,000 | 788,515,000 | 797,310,000 |
| Allowance for loan losses | 9,591,000 | 9,756,000 | 9,677,000 | 9,659,000 |
| Securities available for sale | 234,323,000 | 283,476,000 | 278,428,000 | 280,203,000 |
| Securities held to maturity | 9,516,000 | 8,041,000 | 7,586,000 | 8,312,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 820,504,000 | 1,016,513,000 | 1,044,211,000 | 1,000,403,000 |
| Interest-bearing deposits | 608,615,000 | 770,649,000 | 781,785,000 | 741,203,000 |
| Noninterest-bearing deposits | 211,889,000 | 245,864,000 | 262,426,000 | 259,200,000 |
| Equity capital | 93,835,000 | 122,079,000 | 124,259,000 | 121,462,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 10,187,000 | 23,411,000 | 37,003,000 | 50,645,000 |
| Interest expense | 1,634,000 | 3,420,000 | 5,171,000 | 6,806,000 |
| Net interest income | 8,553,000 | 19,991,000 | 31,832,000 | 43,839,000 |
| Noninterest income | 3,480,000 | 7,486,000 | 11,318,000 | 14,843,000 |
| Noninterest expense | 10,200,000 | 22,188,000 | 32,650,000 | 43,826,000 |
| Provision for loan losses | 125,000 | 250,000 | 833,000 | 958,000 |
| Pretax income | 1,901,000 | 5,718,000 | 10,708,000 | 14,939,000 |
| Income tax | 514,000 | 1,760,000 | 3,466,000 | 4,860,000 |
| Net income | 1,387,000 | 3,958,000 | 7,242,000 | 10,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,191,000 | 89,852,000 | 92,677,000 | 94,833,000 |
| Total capital | 89,765,000 | 102,150,000 | 104,409,000 | 106,811,000 |
| Risk-weighted assets | 637,482,000 | 824,035,000 | 820,304,000 | 834,965,000 |