Canandaigua National (CNND) Annual Income Statement

Annual · GAAP · USD millions
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Reviewing income statement figures over time helps illustrate how Canandaigua National generates earnings and manages operating expenses.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2012)
2012
(Dec 31 2009)
Revenues
Interest and Fee Income, Loans and Leases Held-in-portfolio66.96
Interest and Dividend Income, Securities, Operating7.01
Interest Income, Federal Funds Sold0.13
Other Income0.01
Total Interest Income74.12
Interest Expense, Deposits5.65
Interest Expense, Short-term Borrowings Excluding Federal Funds and Securities Sold under Agreements to Repurchase0.09
Interest Expense, Junior Subordinated Debentures2.77
Net Interest (-)Expense / Income-8.52
Net Interest Income65.60
Provision for loan losses4.30
Total Net Interest Income61.30
Service Fees, Investment Banking, Brokerage and Other Transactions32.28
Noninterest Income, Other Operating Income2.53
Gain (Loss) on Disposition of Assets and Other Investments0.00
Loss / Gain on Investment-0.12
Other Non-Interest Income0.43
Total Non-interest Income35.12
Total Revenues96.43
Costs & Expenses
Salaries & employee benefits, SGA41.48
Depreciation & Amortization1.50
Communications, Occupancy and Information Technology13.45
Professional and Contract Services Expense3.81
Supplies and Postage Expense1.67
Federal Deposit Insurance Corporation Premium Expense1.19
Other Noninterest Expense5.42
Other loss /-income0.85
Total Operating Expenses69.38
Total Costs & Expenses77.89
Income & Taxes
Income /-loss before income taxes27.05
Income taxes expenses/-benefit8.43
Income after income taxes18.62
Net income/-loss of other equity0.44
Income /-loss after income taxes19.06
Stockholders Equity Attributable to Noncontrolling Interest-0.22
Net Income/-loss19.06
Non-controlling interests-0.22
Income/-loss to shareholder18.84
Earnings Per Share
Basic EPS (excl. extra items)9.98
Basic Net EPS9.98
Basic shares outstanding (Mill. of Units)1.89
Diluted Net EPS9.76
Diluted average shares (Mill. of Units)1.93
Dividend per share4.65
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About CNND Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.