Call reports 2008
ADIRONDACK TRUST COMPANY, THE — 2008
What ADIRONDACK TRUST COMPANY, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 745,960,000 | 735,297,000 | 775,220,000 | 761,552,000 |
| Total loans | 395,291,000 | 398,013,000 | 395,443,000 | 395,592,000 |
| Allowance for loan losses | 7,830,000 | 8,054,000 | 8,215,000 | 7,667,000 |
| Securities available for sale | 262,300,000 | 242,041,000 | 271,144,000 | 289,598,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 656,628,000 | 643,709,000 | 684,765,000 | 666,933,000 |
| Interest-bearing deposits | 546,590,000 | 531,860,000 | 555,675,000 | 555,808,000 |
| Noninterest-bearing deposits | 110,038,000 | 111,849,000 | 129,090,000 | 111,125,000 |
| Equity capital | 80,318,000 | 78,630,000 | 80,261,000 | 82,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 9,054,000 | 17,259,000 | 25,556,000 | 33,663,000 |
| Interest expense | 3,392,000 | 5,899,000 | 8,321,000 | 10,342,000 |
| Net interest income | 5,662,000 | 11,360,000 | 17,235,000 | 23,321,000 |
| Noninterest income | 3,242,000 | 7,008,000 | 11,212,000 | 15,159,000 |
| Noninterest expense | 6,251,000 | 13,109,000 | 20,287,000 | 26,948,000 |
| Provision for loan losses | 252,000 | 500,000 | 752,000 | 1,000,000 |
| Pretax income | 3,040,000 | 5,777,000 | 8,599,000 | 11,723,000 |
| Income tax | 813,000 | 1,503,000 | 2,194,000 | 3,047,000 |
| Net income | 2,227,000 | 4,274,000 | 6,405,000 | 8,676,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,696,000 | 58,645,000 | 60,911,000 | 62,444,000 |
| Total capital | 63,785,000 | 63,806,000 | 66,054,000 | 67,516,000 |
| Risk-weighted assets | 404,358,000 | 410,015,000 | 408,366,000 | 403,182,000 |
Machine access — free, no API key
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