Call reports 2015
CHEMUNG CANAL TRUST COMPANY — 2015
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,583,326,000 | 1,552,418,000 | 1,630,519,000 | 1,618,794,000 |
| Total loans | 1,144,192,000 | 1,151,074,000 | 1,142,253,000 | 1,169,708,000 |
| Allowance for loan losses | 13,892,000 | 14,028,000 | 14,022,000 | 14,260,000 |
| Securities available for sale | 265,894,000 | 290,153,000 | 335,180,000 | 344,427,000 |
| Securities held to maturity | 5,253,000 | 5,603,000 | 4,409,000 | 4,566,000 |
| Trading assets | 601,000 | 635,000 | 636,000 | 701,000 |
| Total deposits | 1,373,052,000 | 1,335,774,000 | 1,413,288,000 | 1,403,205,000 |
| Interest-bearing deposits | 996,046,000 | 950,295,000 | 1,020,528,000 | 1,000,957,000 |
| Noninterest-bearing deposits | 377,006,000 | 385,479,000 | 392,760,000 | 402,248,000 |
| Equity capital | 131,366,000 | 132,647,000 | 134,788,000 | 133,263,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 13,228,000 | 26,748,000 | 40,342,000 | 54,238,000 |
| Interest expense | 894,000 | 1,768,000 | 2,673,000 | 3,608,000 |
| Net interest income | 12,334,000 | 24,980,000 | 37,669,000 | 50,630,000 |
| Noninterest income | 4,768,000 | 9,619,000 | 14,362,000 | 19,090,000 |
| Noninterest expense | 13,428,000 | 26,926,000 | 40,379,000 | 54,313,000 |
| Provision for loan losses | 390,000 | 649,000 | 956,000 | 1,572,000 |
| Pretax income | 3,334,000 | 7,326,000 | 10,987,000 | 14,207,000 |
| Income tax | 1,117,000 | 2,485,000 | 3,713,000 | 4,768,000 |
| Net income | 2,217,000 | 4,841,000 | 7,274,000 | 9,439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,471,000 | 118,195,000 | 119,643,000 | 120,881,000 |
| Total capital | 129,462,000 | 132,121,000 | 133,558,000 | 135,058,000 |
| Risk-weighted assets | 1,120,867,000 | 1,111,786,000 | 1,111,032,000 | 1,131,885,000 |