Call reports 2018
CHEMUNG CANAL TRUST COMPANY — 2018
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,696,537,000 | 1,705,606,000 | 1,750,057,000 | 1,751,794,000 |
| Total loans | 1,320,101,000 | 1,335,128,000 | 1,322,353,000 | 1,312,407,000 |
| Allowance for loan losses | 21,390,000 | 19,645,000 | 19,635,000 | 18,944,000 |
| Securities available for sale | 278,984,000 | 265,157,000 | 246,473,000 | 242,258,000 |
| Securities held to maturity | 1,805,000 | 1,481,000 | 2,123,000 | 3,020,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,522,534,000 | 1,482,996,000 | 1,582,101,000 | 1,574,464,000 |
| Interest-bearing deposits | 1,062,139,000 | 1,020,738,000 | 1,112,198,000 | 1,089,642,000 |
| Noninterest-bearing deposits | 460,395,000 | 462,258,000 | 469,903,000 | 484,822,000 |
| Equity capital | 142,888,000 | 142,890,000 | 148,627,000 | 158,166,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 15,661,000 | 31,522,000 | 47,645,000 | 64,511,000 |
| Interest expense | 771,000 | 1,625,000 | 2,685,000 | 4,082,000 |
| Net interest income | 14,890,000 | 29,897,000 | 44,960,000 | 60,429,000 |
| Noninterest income | 5,492,000 | 10,655,000 | 15,898,000 | 20,834,000 |
| Noninterest expense | 14,155,000 | 29,066,000 | 42,553,000 | 56,801,000 |
| Provision for loan losses | 708,000 | 3,071,000 | 3,371,000 | 3,153,000 |
| Pretax income | 5,509,000 | 8,423,000 | 17,082,000 | 23,333,000 |
| Income tax | 1,108,000 | 1,639,000 | 3,474,000 | 4,176,000 |
| Net income | 4,401,000 | 6,784,000 | 13,608,000 | 19,157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 133,009,000 | 133,479,000 | 140,564,000 | 146,401,000 |
| Total capital | 149,342,000 | 149,889,000 | 156,776,000 | 162,536,000 |
| Risk-weighted assets | 1,301,544,000 | 1,309,532,000 | 1,293,515,000 | 1,287,993,000 |