Call reports 2021
SARATOGA NATIONAL BANK AND TRUST COMPANY — 2021
What SARATOGA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 838,361,000 | 845,192,000 | 847,957,000 | 857,146,000 |
| Total loans | 611,358,000 | 616,828,000 | 620,276,000 | 616,059,000 |
| Allowance for loan losses | 7,425,000 | 7,810,000 | 7,825,000 | 7,784,000 |
| Securities available for sale | 112,319,000 | 107,265,000 | 127,131,000 | 150,961,000 |
| Securities held to maturity | 26,282,000 | 24,968,000 | 24,384,000 | 26,686,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 741,594,000 | 743,561,000 | 740,672,000 | 746,289,000 |
| Interest-bearing deposits | 578,113,000 | 577,675,000 | 559,583,000 | 573,467,000 |
| Noninterest-bearing deposits | 163,481,000 | 165,886,000 | 181,089,000 | 172,822,000 |
| Equity capital | 74,199,000 | 77,808,000 | 80,943,000 | 83,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,449,000 | 13,436,000 | 20,419,000 | 27,119,000 |
| Interest expense | 372,000 | 679,000 | 938,000 | 1,183,000 |
| Net interest income | 6,077,000 | 12,757,000 | 19,481,000 | 25,936,000 |
| Noninterest income | 1,584,000 | 2,779,000 | 3,797,000 | 4,636,000 |
| Noninterest expense | 3,280,000 | 6,567,000 | 9,713,000 | 13,019,000 |
| Provision for loan losses | 34,000 | 382,000 | 426,000 | 492,000 |
| Pretax income | 4,347,000 | 8,587,000 | 13,139,000 | 17,061,000 |
| Income tax | 1,027,000 | 2,062,000 | 3,174,000 | 4,111,000 |
| Net income | 3,320,000 | 6,525,000 | 9,965,000 | 12,950,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,779,000 | 76,991,000 | 80,439,000 | 83,432,000 |
| Total capital | 80,807,000 | 84,121,000 | 87,878,000 | 90,924,000 |
| Risk-weighted assets | 561,538,000 | 569,308,000 | 594,331,000 | 598,549,000 |