Call reports 2018
SARATOGA NATIONAL BANK AND TRUST COMPANY — 2018
What SARATOGA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 510,903,000 | 521,324,000 | 537,990,000 | 542,244,000 |
| Total loans | 412,435,000 | 428,138,000 | 434,734,000 | 449,044,000 |
| Allowance for loan losses | 3,649,000 | 3,848,000 | 3,954,000 | 3,802,000 |
| Securities available for sale | 33,344,000 | 31,425,000 | 38,377,000 | 34,282,000 |
| Securities held to maturity | 34,926,000 | 31,342,000 | 30,846,000 | 29,055,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 431,742,000 | 434,009,000 | 458,634,000 | 460,577,000 |
| Interest-bearing deposits | 344,259,000 | 345,511,000 | 358,044,000 | 369,058,000 |
| Noninterest-bearing deposits | 87,483,000 | 88,498,000 | 100,590,000 | 91,519,000 |
| Equity capital | 47,305,000 | 49,032,000 | 50,824,000 | 52,855,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,378,000 | 9,094,000 | 13,983,000 | 19,216,000 |
| Interest expense | 476,000 | 1,112,000 | 1,859,000 | 2,763,000 |
| Net interest income | 3,902,000 | 7,982,000 | 12,124,000 | 16,453,000 |
| Noninterest income | 678,000 | 1,323,000 | 1,969,000 | 2,631,000 |
| Noninterest expense | 2,242,000 | 4,498,000 | 6,723,000 | 9,073,000 |
| Provision for loan losses | 214,000 | 413,000 | 530,000 | 406,000 |
| Pretax income | 2,124,000 | 4,394,000 | 6,840,000 | 9,605,000 |
| Income tax | 478,000 | 981,000 | 1,556,000 | 2,200,000 |
| Net income | 1,646,000 | 3,413,000 | 5,284,000 | 7,405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,965,000 | 48,664,000 | 50,544,000 | 52,681,000 |
| Total capital | 50,614,000 | 52,512,000 | 54,498,000 | 56,483,000 |
| Risk-weighted assets | 375,723,000 | 381,325,000 | 388,147,000 | 398,958,000 |