Call reports 2020
ADIRONDACK TRUST COMPANY, THE — 2020
What ADIRONDACK TRUST COMPANY, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,244,856,000 | 1,402,270,000 | 1,460,006,000 | 1,495,891,000 |
| Total loans | 781,170,000 | 877,278,000 | 883,624,000 | 831,508,000 |
| Allowance for loan losses | 12,499,000 | 15,726,000 | 18,239,000 | 20,724,000 |
| Securities available for sale | 248,222,000 | 211,711,000 | 205,467,000 | 211,600,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,077,329,000 | 1,231,722,000 | 1,288,992,000 | 1,324,589,000 |
| Interest-bearing deposits | 747,797,000 | 798,538,000 | 843,243,000 | 871,487,000 |
| Noninterest-bearing deposits | 329,532,000 | 433,184,000 | 445,749,000 | 453,102,000 |
| Equity capital | 140,255,000 | 140,436,000 | 143,054,000 | 140,328,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 10,171,000 | 20,000,000 | 29,868,000 | 40,723,000 |
| Interest expense | 847,000 | 1,374,000 | 1,845,000 | 2,217,000 |
| Net interest income | 9,324,000 | 18,626,000 | 28,023,000 | 38,506,000 |
| Noninterest income | 6,072,000 | 11,701,000 | 18,294,000 | 23,595,000 |
| Noninterest expense | 10,984,000 | 20,846,000 | 30,923,000 | 43,035,000 |
| Provision for loan losses | 250,000 | 3,500,000 | 6,000,000 | 8,500,000 |
| Pretax income | 4,167,000 | 6,015,000 | 9,428,000 | 10,602,000 |
| Income tax | 989,000 | 1,360,000 | 2,131,000 | 2,288,000 |
| Net income | 3,178,000 | 4,655,000 | 7,297,000 | 8,314,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,001,000 | 124,694,000 | 127,533,000 | 126,794,000 |
| Total capital | 135,629,000 | 135,039,000 | 137,919,000 | 137,058,000 |
| Risk-weighted assets | 848,364,000 | 822,181,000 | 822,988,000 | 810,694,000 |