Call reports 2016
ADIRONDACK TRUST COMPANY, THE — 2016
What ADIRONDACK TRUST COMPANY, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,129,521,000 | 1,080,347,000 | 1,156,213,000 | 1,135,624,000 |
| Total loans | 663,823,000 | 703,221,000 | 717,017,000 | 733,725,000 |
| Allowance for loan losses | 9,609,000 | 9,886,000 | 10,017,000 | 10,134,000 |
| Securities available for sale | 335,691,000 | 277,482,000 | 276,956,000 | 280,162,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 988,930,000 | 939,040,000 | 1,013,186,000 | 993,416,000 |
| Interest-bearing deposits | 736,100,000 | 695,960,000 | 736,050,000 | 703,850,000 |
| Noninterest-bearing deposits | 252,830,000 | 243,080,000 | 277,137,000 | 289,566,000 |
| Equity capital | 112,464,000 | 113,051,000 | 114,026,000 | 110,813,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 7,539,000 | 15,146,000 | 22,981,000 | 30,971,000 |
| Interest expense | 339,000 | 665,000 | 1,001,000 | 1,334,000 |
| Net interest income | 7,200,000 | 14,481,000 | 21,980,000 | 29,637,000 |
| Noninterest income | 5,648,000 | 10,745,000 | 15,602,000 | 20,150,000 |
| Noninterest expense | 9,934,000 | 19,314,000 | 28,798,000 | 39,196,000 |
| Provision for loan losses | 250,000 | 500,000 | 750,000 | 1,000,000 |
| Pretax income | 2,664,000 | 5,411,000 | 8,033,000 | 9,592,000 |
| Income tax | 789,000 | 1,655,000 | 2,517,000 | 2,912,000 |
| Net income | 1,875,000 | 3,756,000 | 5,516,000 | 6,680,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,343,000 | 100,447,000 | 102,377,000 | 101,785,000 |
| Total capital | 109,696,000 | 110,224,000 | 112,310,000 | 111,895,000 |
| Risk-weighted assets | 748,021,000 | 782,013,000 | 794,543,000 | 808,752,000 |