Call reports 2017
SARATOGA NATIONAL BANK AND TRUST COMPANY — 2017
What SARATOGA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 462,110,000 | 465,639,000 | 470,193,000 | 489,614,000 |
| Total loans | 367,626,000 | 365,282,000 | 366,436,000 | 389,391,000 |
| Allowance for loan losses | 3,284,000 | 3,179,000 | 3,165,000 | 3,511,000 |
| Securities available for sale | 40,070,000 | 37,876,000 | 36,733,000 | 34,728,000 |
| Securities held to maturity | 28,568,000 | 35,368,000 | 34,707,000 | 35,567,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 390,654,000 | 389,374,000 | 394,411,000 | 406,821,000 |
| Interest-bearing deposits | 320,945,000 | 311,728,000 | 314,468,000 | 317,347,000 |
| Noninterest-bearing deposits | 69,709,000 | 77,646,000 | 79,943,000 | 89,474,000 |
| Equity capital | 41,976,000 | 43,354,000 | 44,709,000 | 45,900,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,761,000 | 7,711,000 | 11,665,000 | 15,785,000 |
| Interest expense | 344,000 | 712,000 | 1,096,000 | 1,493,000 |
| Net interest income | 3,417,000 | 6,999,000 | 10,569,000 | 14,292,000 |
| Noninterest income | 566,000 | 1,068,000 | 1,679,000 | 2,302,000 |
| Noninterest expense | 2,102,000 | 4,214,000 | 6,325,000 | 8,475,000 |
| Provision for loan losses | 195,000 | 122,000 | 153,000 | 527,000 |
| Pretax income | 1,686,000 | 3,731,000 | 5,770,000 | 7,559,000 |
| Income tax | 573,000 | 1,279,000 | 1,969,000 | 2,474,000 |
| Net income | 1,113,000 | 2,452,000 | 3,801,000 | 5,085,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,174,000 | 42,522,000 | 43,881,000 | 45,311,000 |
| Total capital | 44,458,000 | 45,701,000 | 47,046,000 | 48,822,000 |
| Risk-weighted assets | 343,227,000 | 333,758,000 | 332,411,000 | 347,619,000 |