Call reports 2022
CHEMUNG CANAL TRUST COMPANY — 2022
What CHEMUNG CANAL TRUST COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,471,161,000 | 2,444,937,000 | 2,547,703,000 | 2,641,568,000 |
| Total loans | 1,566,870,000 | 1,617,563,000 | 1,742,754,000 | 1,829,448,000 |
| Allowance for loan losses | 19,928,000 | 17,485,000 | 18,631,000 | 19,658,000 |
| Securities available for sale | 745,147,000 | 691,726,000 | 638,308,000 | 630,564,000 |
| Securities held to maturity | 2,147,000 | 1,981,000 | 1,981,000 | 952,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,252,663,000 | 2,185,752,000 | 2,337,046,000 | 2,331,478,000 |
| Interest-bearing deposits | 1,525,935,000 | 1,480,704,000 | 1,588,842,000 | 1,598,119,000 |
| Noninterest-bearing deposits | 726,728,000 | 705,048,000 | 748,204,000 | 733,359,000 |
| Equity capital | 177,710,000 | 166,545,000 | 146,886,000 | 157,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 17,451,000 | 35,981,000 | 56,965,000 | 81,425,000 |
| Interest expense | 782,000 | 1,680,000 | 3,689,000 | 7,299,000 |
| Net interest income | 16,669,000 | 34,301,000 | 53,276,000 | 74,126,000 |
| Noninterest income | 5,532,000 | 10,825,000 | 15,728,000 | 20,753,000 |
| Noninterest expense | 14,691,000 | 28,952,000 | 43,651,000 | 59,426,000 |
| Provision for loan losses | -1,145,000 | -2,889,000 | -1,634,000 | -554,000 |
| Pretax income | 8,541,000 | 18,713,000 | 26,542,000 | 35,655,000 |
| Income tax | 1,975,000 | 4,371,000 | 6,129,000 | 8,213,000 |
| Net income | 6,566,000 | 14,342,000 | 20,413,000 | 27,442,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 193,480,000 | 200,059,000 | 204,927,000 | 210,901,000 |
| Total capital | 213,408,000 | 217,544,000 | 223,558,000 | 230,559,000 |
| Risk-weighted assets | 1,619,935,000 | 1,688,563,000 | 1,854,651,000 | 1,905,179,000 |