Call reports 2018
ADIRONDACK TRUST COMPANY, THE — 2018
What ADIRONDACK TRUST COMPANY, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,212,869,000 | 1,142,420,000 | 1,188,602,000 | 1,148,332,000 |
| Total loans | 730,035,000 | 755,224,000 | 746,212,000 | 760,445,000 |
| Allowance for loan losses | 11,034,000 | 11,306,000 | 11,366,000 | 11,408,000 |
| Securities available for sale | 249,752,000 | 260,603,000 | 270,263,000 | 259,357,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,070,326,000 | 995,644,000 | 1,042,534,000 | 1,000,964,000 |
| Interest-bearing deposits | 785,462,000 | 711,554,000 | 735,314,000 | 711,472,000 |
| Noninterest-bearing deposits | 284,864,000 | 284,091,000 | 307,220,000 | 289,491,000 |
| Equity capital | 114,865,000 | 116,233,000 | 119,536,000 | 121,797,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 8,889,000 | 18,168,000 | 27,914,000 | 38,132,000 |
| Interest expense | 324,000 | 712,000 | 1,192,000 | 1,720,000 |
| Net interest income | 8,565,000 | 17,456,000 | 26,722,000 | 36,412,000 |
| Noninterest income | 5,246,000 | 11,315,000 | 17,036,000 | 21,746,000 |
| Noninterest expense | 10,555,000 | 20,599,000 | 30,471,000 | 40,969,000 |
| Provision for loan losses | 250,000 | 500,000 | 750,000 | 1,000,000 |
| Pretax income | 3,005,000 | 7,654,000 | 12,519,000 | 15,944,000 |
| Income tax | 662,000 | 1,744,000 | 2,887,000 | 3,641,000 |
| Net income | 2,343,000 | 5,910,000 | 9,632,000 | 12,303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 103,994,000 | 105,810,000 | 109,740,000 | 110,663,000 |
| Total capital | 114,187,000 | 116,406,000 | 120,221,000 | 121,215,000 |
| Risk-weighted assets | 814,613,000 | 847,006,000 | 837,566,000 | 843,293,000 |