Call reports 2017
CHEMUNG CANAL TRUST COMPANY — 2017
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,733,682,000 | 1,715,357,000 | 1,728,449,000 | 1,704,254,000 |
| Total loans | 1,234,271,000 | 1,253,033,000 | 1,290,059,000 | 1,312,366,000 |
| Allowance for loan losses | 14,960,000 | 15,104,000 | 15,694,000 | 21,161,000 |
| Securities available for sale | 302,154,000 | 323,858,000 | 311,780,000 | 293,172,000 |
| Securities held to maturity | 2,741,000 | 3,047,000 | 2,030,000 | 1,946,000 |
| Trading assets | 826,000 | 877,000 | 908,000 | 988,000 |
| Total deposits | 1,548,170,000 | 1,528,932,000 | 1,540,978,000 | 1,471,400,000 |
| Interest-bearing deposits | 1,116,026,000 | 1,092,909,000 | 1,091,103,000 | 1,003,755,000 |
| Noninterest-bearing deposits | 432,144,000 | 436,023,000 | 449,875,000 | 467,645,000 |
| Equity capital | 142,106,000 | 145,490,000 | 147,571,000 | 142,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 14,311,000 | 28,991,000 | 44,478,000 | 60,031,000 |
| Interest expense | 822,000 | 1,557,000 | 2,293,000 | 3,075,000 |
| Net interest income | 13,489,000 | 27,434,000 | 42,185,000 | 56,956,000 |
| Noninterest income | 4,696,000 | 9,572,000 | 14,692,000 | 19,922,000 |
| Noninterest expense | 12,995,000 | 27,267,000 | 40,553,000 | 53,626,000 |
| Provision for loan losses | 1,040,000 | 1,461,000 | 2,750,000 | 9,022,000 |
| Pretax income | 4,150,000 | 8,290,000 | 13,586,000 | 14,339,000 |
| Income tax | 1,353,000 | 2,675,000 | 4,426,000 | 7,474,000 |
| Net income | 2,797,000 | 5,615,000 | 9,160,000 | 6,865,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,971,000 | 128,746,000 | 131,306,000 | 129,880,000 |
| Total capital | 141,962,000 | 143,882,000 | 147,031,000 | 146,127,000 |
| Risk-weighted assets | 1,222,884,000 | 1,244,570,000 | 1,271,065,000 | 1,292,376,000 |