Call reports 2017
ADIRONDACK TRUST COMPANY, THE — 2017
What ADIRONDACK TRUST COMPANY, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,168,507,000 | 1,128,176,000 | 1,171,942,000 | 1,211,262,000 |
| Total loans | 744,453,000 | 736,141,000 | 755,778,000 | 737,908,000 |
| Allowance for loan losses | 10,413,000 | 10,643,000 | 10,882,000 | 10,980,000 |
| Securities available for sale | 275,361,000 | 267,342,000 | 259,603,000 | 246,947,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,016,241,000 | 980,122,000 | 1,028,646,000 | 1,063,873,000 |
| Interest-bearing deposits | 723,445,000 | 702,718,000 | 717,520,000 | 723,683,000 |
| Noninterest-bearing deposits | 292,796,000 | 277,404,000 | 311,126,000 | 340,191,000 |
| Equity capital | 112,711,000 | 113,208,000 | 115,699,000 | 113,453,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 8,091,000 | 16,410,000 | 25,072,000 | 33,962,000 |
| Interest expense | 323,000 | 650,000 | 995,000 | 1,339,000 |
| Net interest income | 7,768,000 | 15,760,000 | 24,077,000 | 32,623,000 |
| Noninterest income | 5,494,000 | 10,384,000 | 15,273,000 | 20,697,000 |
| Noninterest expense | 10,548,000 | 19,444,000 | 28,770,000 | 40,057,000 |
| Provision for loan losses | 250,000 | 500,000 | 750,000 | 1,000,000 |
| Pretax income | 2,464,000 | 6,200,000 | 9,817,000 | 11,884,000 |
| Income tax | 780,000 | 2,043,000 | 3,266,000 | 4,249,000 |
| Net income | 1,684,000 | 4,157,000 | 6,551,000 | 7,635,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,773,000 | 103,494,000 | 106,084,000 | 104,767,000 |
| Total capital | 112,944,000 | 113,656,000 | 116,486,000 | 114,979,000 |
| Risk-weighted assets | 813,449,000 | 812,450,000 | 831,674,000 | 816,184,000 |