Call reports 2013
SARATOGA NATIONAL BANK AND TRUST COMPANY — 2013
What SARATOGA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 316,377,000 | 317,137,000 | 315,109,000 | 319,228,000 |
| Total loans | 205,292,000 | 202,827,000 | 213,496,000 | 220,273,000 |
| Allowance for loan losses | 2,608,000 | 2,590,000 | 2,600,000 | 2,563,000 |
| Securities available for sale | 57,697,000 | 66,627,000 | 63,152,000 | 60,054,000 |
| Securities held to maturity | 23,951,000 | 23,127,000 | 22,069,000 | 21,074,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,185,000 | 274,197,000 | 272,625,000 | 274,474,000 |
| Interest-bearing deposits | 242,953,000 | 243,501,000 | 241,388,000 | 242,006,000 |
| Noninterest-bearing deposits | 30,232,000 | 30,696,000 | 31,237,000 | 32,468,000 |
| Equity capital | 30,390,000 | 30,210,000 | 30,711,000 | 31,423,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,581,000 | 5,045,000 | 7,504,000 | 10,003,000 |
| Interest expense | 346,000 | 678,000 | 985,000 | 1,287,000 |
| Net interest income | 2,235,000 | 4,367,000 | 6,519,000 | 8,716,000 |
| Noninterest income | 537,000 | 1,040,000 | 1,491,000 | 1,941,000 |
| Noninterest expense | 1,542,000 | 3,078,000 | 4,581,000 | 5,975,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,230,000 | 2,329,000 | 3,429,000 | 4,682,000 |
| Income tax | 457,000 | 846,000 | 1,238,000 | 1,690,000 |
| Net income | 773,000 | 1,483,000 | 2,191,000 | 2,992,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,669,000 | 30,027,000 | 30,383,000 | 30,832,000 |
| Total capital | 32,277,000 | 32,617,000 | 32,983,000 | 33,395,000 |
| Risk-weighted assets | 212,772,000 | 208,891,000 | 223,055,000 | 225,810,000 |