Call reports 2023
CANANDAIGUA NATIONAL BANK AND TRUST COMPANY, THE — 2023
What CANANDAIGUA NATIONAL BANK AND TRUST COMPANY, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 4,839,108,000 | 4,906,905,000 | 4,921,721,000 | 4,873,001,000 |
| Total loans | 3,566,380,000 | 3,686,626,000 | 3,715,432,000 | 3,705,476,000 |
| Allowance for loan losses | 34,251,000 | 34,075,000 | 34,017,000 | 35,681,000 |
| Securities available for sale | 545,715,000 | 511,238,000 | 496,089,000 | 504,118,000 |
| Securities held to maturity | 515,703,000 | 503,103,000 | 490,187,000 | 478,997,000 |
| Trading assets | 20,493,000 | 25,529,000 | 31,714,000 | 21,500,000 |
| Total deposits | 3,791,307,000 | 3,603,000,000 | 3,659,881,000 | 3,598,816,000 |
| Interest-bearing deposits | 2,855,218,000 | 2,695,291,000 | 2,764,864,000 | 2,766,161,000 |
| Noninterest-bearing deposits | 936,089,000 | 907,709,000 | 895,017,000 | 832,655,000 |
| Equity capital | 355,594,000 | 362,623,000 | 356,574,000 | 380,213,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 49,796,000 | 104,016,000 | 161,036,000 | 219,696,000 |
| Interest expense | 15,156,000 | 34,619,000 | 57,614,000 | 82,839,000 |
| Net interest income | 34,640,000 | 69,397,000 | 103,422,000 | 136,857,000 |
| Noninterest income | 11,310,000 | 24,295,000 | 36,800,000 | 49,321,000 |
| Noninterest expense | 28,339,000 | 55,738,000 | 87,407,000 | 116,964,000 |
| Provision for loan losses | 2,371,000 | 3,694,000 | 5,330,000 | 7,812,000 |
| Pretax income | 15,411,000 | 34,319,000 | 47,380,000 | 61,629,000 |
| Income tax | 3,752,000 | 8,511,000 | 11,596,000 | 14,793,000 |
| Net income | 11,659,000 | 25,808,000 | 35,784,000 | 46,830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 383,855,000 | 394,164,000 | 392,141,000 | 403,187,000 |
| Total capital | 419,804,000 | 429,924,000 | 427,768,000 | 440,492,000 |
| Risk-weighted assets | 3,545,350,000 | 3,611,959,000 | 3,663,052,000 | 3,656,940,000 |