Call reports 2020
CANANDAIGUA NATIONAL BANK AND TRUST COMPANY, THE — 2020
What CANANDAIGUA NATIONAL BANK AND TRUST COMPANY, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 3,149,346,000 | 3,515,417,000 | 3,598,624,000 | 3,631,802,000 |
| Total loans | 2,509,959,000 | 2,930,241,000 | 3,030,716,000 | 2,999,424,000 |
| Allowance for loan losses | 23,568,000 | 27,544,000 | 28,864,000 | 30,741,000 |
| Securities available for sale | 362,255,000 | 369,079,000 | 372,719,000 | 387,816,000 |
| Securities held to maturity | 22,997,000 | 9,855,000 | 7,337,000 | 3,190,000 |
| Trading assets | 30,552,000 | 29,649,000 | 28,794,000 | 23,850,000 |
| Total deposits | 2,483,108,000 | 2,879,993,000 | 2,935,991,000 | 2,984,821,000 |
| Interest-bearing deposits | 1,891,494,000 | 2,037,318,000 | 2,085,007,000 | 2,122,593,000 |
| Noninterest-bearing deposits | 591,614,000 | 842,675,000 | 850,984,000 | 862,228,000 |
| Equity capital | 297,975,000 | 307,226,000 | 317,855,000 | 329,381,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 30,690,000 | 61,643,000 | 91,289,000 | 125,202,000 |
| Interest expense | 4,706,000 | 8,369,000 | 11,741,000 | 14,886,000 |
| Net interest income | 25,984,000 | 53,274,000 | 79,548,000 | 110,316,000 |
| Noninterest income | 11,593,000 | 21,720,000 | 35,517,000 | 50,151,000 |
| Noninterest expense | 23,224,000 | 45,561,000 | 69,415,000 | 97,865,000 |
| Provision for loan losses | 3,590,000 | 8,053,000 | 10,586,000 | 13,592,000 |
| Pretax income | 10,923,000 | 21,593,000 | 35,273,000 | 49,174,000 |
| Income tax | 2,360,000 | 5,233,000 | 7,993,000 | 7,986,000 |
| Net income | 8,563,000 | 16,360,000 | 27,280,000 | 41,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 287,696,000 | 295,404,000 | 306,346,000 | 318,295,000 |
| Total capital | 311,264,000 | 322,948,000 | 335,210,000 | 349,036,000 |
| Risk-weighted assets | 2,452,060,000 | 2,507,330,000 | 2,615,393,000 | 2,679,646,000 |