Call reports 2014
CHEMUNG CANAL TRUST COMPANY — 2014
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,495,760,000 | 1,514,309,000 | 1,522,064,000 | 1,522,955,000 |
| Total loans | 1,024,639,000 | 1,085,266,000 | 1,115,349,000 | 1,122,238,000 |
| Allowance for loan losses | 13,155,000 | 13,632,000 | 13,151,000 | 13,686,000 |
| Securities available for sale | 336,733,000 | 285,999,000 | 287,701,000 | 280,105,000 |
| Securities held to maturity | 5,304,000 | 4,503,000 | 4,774,000 | 5,175,000 |
| Trading assets | 413,000 | 450,000 | 483,000 | 549,000 |
| Total deposits | 1,295,724,000 | 1,312,600,000 | 1,315,215,000 | 1,284,215,000 |
| Interest-bearing deposits | 940,972,000 | 947,517,000 | 942,226,000 | 917,902,000 |
| Noninterest-bearing deposits | 354,752,000 | 365,083,000 | 372,989,000 | 366,313,000 |
| Equity capital | 135,102,000 | 136,261,000 | 134,029,000 | 128,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 12,950,000 | 25,944,000 | 39,285,000 | 53,206,000 |
| Interest expense | 922,000 | 1,846,000 | 2,762,000 | 3,652,000 |
| Net interest income | 12,028,000 | 24,098,000 | 36,523,000 | 49,554,000 |
| Noninterest income | 4,763,000 | 9,383,000 | 14,158,000 | 18,979,000 |
| Noninterest expense | 13,122,000 | 26,423,000 | 43,967,000 | 59,518,000 |
| Provision for loan losses | 638,000 | 1,741,000 | 2,330,000 | 3,981,000 |
| Pretax income | 3,031,000 | 5,839,000 | 4,906,000 | 11,903,000 |
| Income tax | 975,000 | 1,865,000 | 1,263,000 | 3,792,000 |
| Net income | 2,056,000 | 3,974,000 | 3,643,000 | 8,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,499,000 | 107,519,000 | 106,369,000 | 110,014,000 |
| Total capital | 122,769,000 | 124,442,000 | 122,535,000 | 123,678,000 |
| Risk-weighted assets | 1,063,694,000 | 1,115,661,000 | 1,153,747,000 | 1,089,305,000 |