Call reports 2015
SARATOGA NATIONAL BANK AND TRUST COMPANY — 2015
What SARATOGA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 366,862,000 | 374,054,000 | 382,888,000 | 390,998,000 |
| Total loans | 273,001,000 | 283,726,000 | 293,200,000 | 302,176,000 |
| Allowance for loan losses | 2,735,000 | 2,830,000 | 2,927,000 | 3,016,000 |
| Securities available for sale | 51,176,000 | 47,977,000 | 46,052,000 | 42,911,000 |
| Securities held to maturity | 21,822,000 | 23,003,000 | 22,074,000 | 21,888,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,126,000 | 311,539,000 | 319,898,000 | 322,814,000 |
| Interest-bearing deposits | 265,546,000 | 265,047,000 | 267,095,000 | 269,689,000 |
| Noninterest-bearing deposits | 45,580,000 | 46,492,000 | 52,803,000 | 53,125,000 |
| Equity capital | 33,275,000 | 33,993,000 | 34,758,000 | 35,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,813,000 | 5,815,000 | 8,894,000 | 12,067,000 |
| Interest expense | 279,000 | 621,000 | 966,000 | 1,260,000 |
| Net interest income | 2,534,000 | 5,194,000 | 7,928,000 | 10,807,000 |
| Noninterest income | 479,000 | 1,009,000 | 1,523,000 | 2,044,000 |
| Noninterest expense | 1,746,000 | 3,579,000 | 5,439,000 | 7,351,000 |
| Provision for loan losses | 160,000 | 270,000 | 640,000 | 790,000 |
| Pretax income | 1,107,000 | 2,354,000 | 3,372,000 | 4,705,000 |
| Income tax | 378,000 | 806,000 | 1,127,000 | 1,584,000 |
| Net income | 729,000 | 1,548,000 | 2,245,000 | 3,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,222,000 | 33,052,000 | 33,758,000 | 34,642,000 |
| Total capital | 34,957,000 | 35,882,000 | 36,685,000 | 37,658,000 |
| Risk-weighted assets | 276,167,000 | 287,607,000 | 300,124,000 | 299,490,000 |