Call reports 2019
SARATOGA NATIONAL BANK AND TRUST COMPANY — 2019
What SARATOGA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 563,989,000 | 577,698,000 | 603,505,000 | 642,968,000 |
| Total loans | 461,705,000 | 468,682,000 | 487,319,000 | 502,640,000 |
| Allowance for loan losses | 3,908,000 | 3,972,000 | 4,142,000 | 4,296,000 |
| Securities available for sale | 31,917,000 | 27,805,000 | 30,731,000 | 49,378,000 |
| Securities held to maturity | 29,769,000 | 28,589,000 | 28,168,000 | 27,575,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 475,944,000 | 489,568,000 | 512,565,000 | 548,811,000 |
| Interest-bearing deposits | 392,714,000 | 401,433,000 | 413,006,000 | 456,742,000 |
| Noninterest-bearing deposits | 83,230,000 | 88,135,000 | 99,559,000 | 92,069,000 |
| Equity capital | 55,074,000 | 57,235,000 | 59,387,000 | 61,937,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 5,253,000 | 10,787,000 | 16,568,000 | 22,585,000 |
| Interest expense | 954,000 | 2,061,000 | 3,247,000 | 4,560,000 |
| Net interest income | 4,299,000 | 8,726,000 | 13,321,000 | 18,025,000 |
| Noninterest income | 848,000 | 1,572,000 | 2,361,000 | 3,206,000 |
| Noninterest expense | 2,378,000 | 4,872,000 | 7,382,000 | 9,900,000 |
| Provision for loan losses | 170,000 | 278,000 | 487,000 | 701,000 |
| Pretax income | 2,599,000 | 5,148,000 | 7,813,000 | 10,630,000 |
| Income tax | 607,000 | 1,180,000 | 1,776,000 | 2,424,000 |
| Net income | 1,992,000 | 3,968,000 | 6,037,000 | 8,206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,754,000 | 56,737,000 | 58,815,000 | 60,999,000 |
| Total capital | 58,662,000 | 60,709,000 | 62,957,000 | 65,295,000 |
| Risk-weighted assets | 413,882,000 | 432,693,000 | 451,477,000 | 478,754,000 |