Call reports 2021
CHEMUNG CANAL TRUST COMPANY — 2021
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,437,330,000 | 2,374,724,000 | 2,412,643,000 | 2,413,407,000 |
| Total loans | 1,581,243,000 | 1,557,999,000 | 1,516,892,000 | 1,518,645,000 |
| Allowance for loan losses | 20,909,000 | 20,676,000 | 20,940,000 | 21,025,000 |
| Securities available for sale | 625,583,000 | 686,985,000 | 760,923,000 | 790,619,000 |
| Securities held to maturity | 315,000 | 1,338,000 | 1,301,000 | 2,157,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,213,126,000 | 2,140,982,000 | 2,177,933,000 | 2,159,172,000 |
| Interest-bearing deposits | 1,519,324,000 | 1,466,646,000 | 1,452,714,000 | 1,419,485,000 |
| Noninterest-bearing deposits | 693,802,000 | 674,336,000 | 725,219,000 | 739,687,000 |
| Equity capital | 187,314,000 | 196,283,000 | 197,946,000 | 203,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 16,734,000 | 33,671,000 | 51,297,000 | 68,982,000 |
| Interest expense | 954,000 | 1,821,000 | 2,623,000 | 3,422,000 |
| Net interest income | 15,780,000 | 31,850,000 | 48,674,000 | 65,560,000 |
| Noninterest income | 5,319,000 | 11,475,000 | 17,050,000 | 22,496,000 |
| Noninterest expense | 13,426,000 | 27,242,000 | 41,354,000 | 55,769,000 |
| Provision for loan losses | -259,000 | -409,000 | -53,000 | 17,000 |
| Pretax income | 7,967,000 | 16,622,000 | 24,539,000 | 32,431,000 |
| Income tax | 1,792,000 | 3,910,000 | 5,600,000 | 7,387,000 |
| Net income | 6,175,000 | 12,712,000 | 18,939,000 | 25,044,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 173,086,000 | 178,248,000 | 183,164,000 | 188,064,000 |
| Total capital | 190,848,000 | 196,383,000 | 201,814,000 | 206,990,000 |
| Risk-weighted assets | 1,417,869,000 | 1,448,262,000 | 1,489,677,000 | 1,511,989,000 |