Call reports 2013
CHEMUNG CANAL TRUST COMPANY — 2013
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,280,655,000 | 1,255,102,000 | 1,339,425,000 | 1,477,891,000 |
| Total loans | 922,219,000 | 934,986,000 | 968,500,000 | 996,557,000 |
| Allowance for loan losses | 10,825,000 | 11,320,000 | 11,856,000 | 12,776,000 |
| Securities available for sale | 234,671,000 | 224,738,000 | 258,652,000 | 345,618,000 |
| Securities held to maturity | 7,626,000 | 4,290,000 | 5,523,000 | 5,472,000 |
| Trading assets | 384,000 | 389,000 | 313,000 | 366,000 |
| Total deposits | 1,082,946,000 | 1,058,246,000 | 1,091,987,000 | 1,270,349,000 |
| Interest-bearing deposits | 783,388,000 | 760,651,000 | 794,908,000 | 915,661,000 |
| Noninterest-bearing deposits | 299,558,000 | 297,595,000 | 297,079,000 | 354,688,000 |
| Equity capital | 128,069,000 | 127,664,000 | 129,791,000 | 133,557,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 12,748,000 | 25,076,000 | 37,585,000 | 50,656,000 |
| Interest expense | 1,033,000 | 2,039,000 | 3,034,000 | 4,037,000 |
| Net interest income | 11,715,000 | 23,037,000 | 34,551,000 | 46,619,000 |
| Noninterest income | 3,725,000 | 7,915,000 | 12,120,000 | 17,213,000 |
| Noninterest expense | 11,445,000 | 22,632,000 | 34,268,000 | 48,555,000 |
| Provision for loan losses | 431,000 | 881,000 | 1,755,000 | 2,755,000 |
| Pretax income | 3,564,000 | 7,440,000 | 10,649,000 | 12,509,000 |
| Income tax | 1,163,000 | 2,455,000 | 3,485,000 | 3,857,000 |
| Net income | 2,401,000 | 4,985,000 | 7,164,000 | 8,652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 103,985,000 | 105,556,000 | 106,797,000 | 105,239,000 |
| Total capital | 117,544,000 | 119,713,000 | 121,577,000 | 121,222,000 |
| Risk-weighted assets | 945,830,000 | 953,358,000 | 997,249,000 | 1,042,112,000 |