Call reports 2016
CHEMUNG CANAL TRUST COMPANY — 2016
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,642,014,000 | 1,681,818,000 | 1,726,712,000 | 1,655,664,000 |
| Total loans | 1,187,487,000 | 1,201,965,000 | 1,216,685,000 | 1,200,702,000 |
| Allowance for loan losses | 14,527,000 | 14,668,000 | 15,325,000 | 14,253,000 |
| Securities available for sale | 324,093,000 | 299,888,000 | 302,859,000 | 302,961,000 |
| Securities held to maturity | 4,577,000 | 3,518,000 | 3,524,000 | 3,725,000 |
| Trading assets | 734,000 | 767,000 | 720,000 | 774,000 |
| Total deposits | 1,437,665,000 | 1,471,189,000 | 1,512,337,000 | 1,460,174,000 |
| Interest-bearing deposits | 1,044,537,000 | 1,062,297,000 | 1,088,023,000 | 1,041,818,000 |
| Noninterest-bearing deposits | 393,128,000 | 408,892,000 | 424,314,000 | 418,356,000 |
| Equity capital | 136,531,000 | 138,718,000 | 139,847,000 | 138,470,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 13,949,000 | 27,871,000 | 41,893,000 | 56,158,000 |
| Interest expense | 926,000 | 1,885,000 | 2,871,000 | 3,845,000 |
| Net interest income | 13,023,000 | 25,986,000 | 39,022,000 | 52,313,000 |
| Noninterest income | 4,500,000 | 9,544,000 | 14,716,000 | 19,573,000 |
| Noninterest expense | 13,619,000 | 28,926,000 | 42,352,000 | 56,002,000 |
| Provision for loan losses | 595,000 | 983,000 | 2,033,000 | 2,436,000 |
| Pretax income | 4,217,000 | 6,529,000 | 10,336,000 | 14,435,000 |
| Income tax | 1,405,000 | 2,091,000 | 3,342,000 | 4,690,000 |
| Net income | 2,812,000 | 4,438,000 | 6,994,000 | 9,745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,913,000 | 122,444,000 | 123,996,000 | 125,736,000 |
| Total capital | 136,239,000 | 137,144,000 | 139,157,000 | 140,021,000 |
| Risk-weighted assets | 1,143,362,000 | 1,201,414,000 | 1,210,233,000 | 1,195,508,000 |