Call reports 2011
SARATOGA NATIONAL BANK AND TRUST COMPANY — 2011
What SARATOGA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 302,381,000 | 289,827,000 | 296,968,000 | 295,645,000 |
| Total loans | 195,615,000 | 198,846,000 | 204,922,000 | 204,850,000 |
| Allowance for loan losses | 2,678,000 | 2,698,000 | 2,723,000 | 2,739,000 |
| Securities available for sale | 63,585,000 | 55,894,000 | 56,514,000 | 58,620,000 |
| Securities held to maturity | 3,692,000 | 3,688,000 | 3,706,000 | 6,441,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,042,000 | 244,813,000 | 255,744,000 | 255,421,000 |
| Interest-bearing deposits | 224,184,000 | 222,360,000 | 230,118,000 | 231,482,000 |
| Noninterest-bearing deposits | 21,858,000 | 22,453,000 | 25,626,000 | 23,939,000 |
| Equity capital | 27,327,000 | 28,169,000 | 28,256,000 | 28,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,988,000 | 5,937,000 | 8,852,000 | 11,707,000 |
| Interest expense | 769,000 | 1,437,000 | 2,042,000 | 2,607,000 |
| Net interest income | 2,219,000 | 4,500,000 | 6,810,000 | 9,100,000 |
| Noninterest income | 279,000 | 619,000 | 992,000 | 1,474,000 |
| Noninterest expense | 1,315,000 | 2,564,000 | 3,859,000 | 5,160,000 |
| Provision for loan losses | 30,000 | 70,000 | 100,000 | 125,000 |
| Pretax income | 1,153,000 | 2,484,000 | 3,842,000 | 5,288,000 |
| Income tax | 439,000 | 937,000 | 1,447,000 | 1,995,000 |
| Net income | 714,000 | 1,547,000 | 2,395,000 | 3,293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,391,000 | 26,924,000 | 26,861,000 | 27,365,000 |
| Total capital | 28,741,000 | 29,311,000 | 29,319,000 | 29,853,000 |
| Risk-weighted assets | 187,667,000 | 190,640,000 | 196,373,000 | 198,780,000 |