Call reports 2001
CORNING BANK, THE — 2001
What CORNING BANK, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 83,704,000 | 82,758,000 | 85,117,000 | 88,186,000 |
| Total loans | 52,142,000 | 60,528,000 | 60,857,000 | 58,437,000 |
| Allowance for loan losses | 693,000 | 702,000 | 724,000 | 780,000 |
| Securities available for sale | 19,110,000 | 14,779,000 | 11,947,000 | 23,471,000 |
| Securities held to maturity | 5,716,000 | 3,724,000 | 2,722,000 | 1,717,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,220,000 | 68,716,000 | 71,065,000 | 74,289,000 |
| Interest-bearing deposits | 58,380,000 | 56,870,000 | 58,451,000 | 59,564,000 |
| Noninterest-bearing deposits | 11,840,000 | 11,846,000 | 12,614,000 | 14,725,000 |
| Equity capital | 12,660,000 | 13,032,000 | 13,450,000 | 13,416,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,611,000 | 3,204,000 | 4,801,000 | 6,293,000 |
| Interest expense | 755,000 | 1,476,000 | 2,107,000 | 2,665,000 |
| Net interest income | 856,000 | 1,728,000 | 2,694,000 | 3,628,000 |
| Noninterest income | 77,000 | 169,000 | 251,000 | 344,000 |
| Noninterest expense | 436,000 | 847,000 | 1,261,000 | 1,759,000 |
| Provision for loan losses | 15,000 | 30,000 | 60,000 | 120,000 |
| Pretax income | 482,000 | 1,059,000 | 1,670,000 | 2,160,000 |
| Income tax | 160,000 | 354,000 | 574,000 | 758,000 |
| Net income | 322,000 | 705,000 | 1,096,000 | 1,402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,585,000 | 12,954,000 | 13,308,000 | 13,330,000 |
| Total capital | 13,278,000 | 13,656,000 | 14,032,000 | 14,110,000 |
| Risk-weighted assets | 57,961,000 | 64,824,000 | 64,569,000 | 62,773,000 |