Call reports 2022
SARATOGA NATIONAL BANK AND TRUST COMPANY — 2022
What SARATOGA NATIONAL BANK AND TRUST COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 866,891,000 | 859,803,000 | 900,215,000 | 895,584,000 |
| Total loans | 617,587,000 | 615,843,000 | 633,660,000 | 678,942,000 |
| Allowance for loan losses | 7,929,000 | 7,644,000 | 7,713,000 | 7,999,000 |
| Securities available for sale | 152,782,000 | 149,351,000 | 147,839,000 | 150,585,000 |
| Securities held to maturity | 26,298,000 | 24,217,000 | 24,015,000 | 21,721,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 758,655,000 | 749,830,000 | 802,367,000 | 707,098,000 |
| Interest-bearing deposits | 576,659,000 | 572,506,000 | 591,487,000 | 523,198,000 |
| Noninterest-bearing deposits | 181,996,000 | 177,324,000 | 210,880,000 | 183,900,000 |
| Equity capital | 80,788,000 | 81,009,000 | 79,061,000 | 82,537,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 6,664,000 | 13,500,000 | 21,791,000 | 30,148,000 |
| Interest expense | 240,000 | 579,000 | 1,317,000 | 2,733,000 |
| Net interest income | 6,424,000 | 12,921,000 | 20,474,000 | 27,415,000 |
| Noninterest income | 1,275,000 | 2,266,000 | 3,256,000 | 4,178,000 |
| Noninterest expense | 3,374,000 | 6,942,000 | 10,653,000 | 14,174,000 |
| Provision for loan losses | 322,000 | 254,000 | 606,000 | 1,050,000 |
| Pretax income | 4,003,000 | 7,991,000 | 12,471,000 | 16,369,000 |
| Income tax | 969,000 | 1,917,000 | 2,992,000 | 3,943,000 |
| Net income | 3,034,000 | 6,074,000 | 9,479,000 | 12,426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,474,000 | 89,522,000 | 92,935,000 | 95,891,000 |
| Total capital | 94,128,000 | 97,323,000 | 100,966,000 | 104,279,000 |
| Risk-weighted assets | 611,621,000 | 623,802,000 | 642,397,000 | 670,914,000 |