Call reports 2024
CANANDAIGUA NATIONAL BANK AND TRUST COMPANY, THE — 2024
What CANANDAIGUA NATIONAL BANK AND TRUST COMPANY, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 4,935,418,000 | 4,932,127,000 | 4,952,262,000 | 5,047,064,000 |
| Total loans | 3,709,394,000 | 3,747,810,000 | 3,757,539,000 | 3,809,561,000 |
| Allowance for loan losses | 36,374,000 | 37,087,000 | 38,552,000 | 39,604,000 |
| Securities available for sale | 491,917,000 | 463,333,000 | 501,292,000 | 489,013,000 |
| Securities held to maturity | 467,897,000 | 455,962,000 | 453,135,000 | 448,527,000 |
| Trading assets | 24,092,000 | 24,402,000 | 19,467,000 | 21,475,000 |
| Total deposits | 3,727,497,000 | 3,709,016,000 | 3,722,493,000 | 4,011,062,000 |
| Interest-bearing deposits | 2,933,376,000 | 2,890,899,000 | 2,884,449,000 | 3,126,252,000 |
| Noninterest-bearing deposits | 794,121,000 | 818,117,000 | 838,044,000 | 884,810,000 |
| Equity capital | 376,517,000 | 390,238,000 | 398,094,000 | 408,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 59,196,000 | 120,122,000 | 183,512,000 | 247,979,000 |
| Interest expense | 26,456,000 | 53,897,000 | 81,301,000 | 107,419,000 |
| Net interest income | 32,740,000 | 66,225,000 | 102,211,000 | 140,560,000 |
| Noninterest income | 12,226,000 | 25,466,000 | 39,131,000 | 52,751,000 |
| Noninterest expense | 30,771,000 | 60,568,000 | 91,872,000 | 123,744,000 |
| Provision for loan losses | 1,910,000 | 3,415,000 | 6,075,000 | 9,260,000 |
| Pretax income | 12,342,000 | 27,622,000 | 43,541,000 | 60,160,000 |
| Income tax | 2,966,000 | 6,350,000 | 9,994,000 | 13,415,000 |
| Net income | 9,376,000 | 21,272,000 | 33,547,000 | 46,740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 400,563,000 | 412,458,000 | 411,134,000 | 424,326,000 |
| Total capital | 438,423,000 | 451,140,000 | 451,371,000 | 465,636,000 |
| Risk-weighted assets | 3,680,012,000 | 3,688,310,000 | 3,689,895,000 | 3,711,655,000 |