Call reports 2021
ADIRONDACK TRUST COMPANY, THE — 2021
What ADIRONDACK TRUST COMPANY, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,543,359,000 | 1,623,553,000 | 1,617,518,000 | 1,698,702,000 |
| Total loans | 859,051,000 | 829,233,000 | 807,326,000 | 824,037,000 |
| Allowance for loan losses | 20,810,000 | 20,809,000 | 20,798,000 | 20,774,000 |
| Securities available for sale | 282,054,000 | 342,221,000 | 418,917,000 | 562,681,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,370,019,000 | 1,441,777,000 | 1,433,803,000 | 1,512,642,000 |
| Interest-bearing deposits | 909,703,000 | 956,460,000 | 938,942,000 | 1,008,198,000 |
| Noninterest-bearing deposits | 460,316,000 | 485,317,000 | 494,861,000 | 504,444,000 |
| Equity capital | 141,713,000 | 144,743,000 | 147,702,000 | 148,748,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 10,058,000 | 20,743,000 | 31,325,000 | 42,042,000 |
| Interest expense | 323,000 | 613,000 | 881,000 | 1,121,000 |
| Net interest income | 9,735,000 | 20,130,000 | 30,444,000 | 40,921,000 |
| Noninterest income | 6,557,000 | 12,487,000 | 19,267,000 | 24,774,000 |
| Noninterest expense | 11,660,000 | 22,337,000 | 33,442,000 | 46,281,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,632,000 | 10,280,000 | 16,219,000 | 19,364,000 |
| Income tax | 1,119,000 | 2,530,000 | 3,969,000 | 4,996,000 |
| Net income | 3,513,000 | 7,750,000 | 12,250,000 | 14,368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,500,000 | 133,034,000 | 137,727,000 | 138,041,000 |
| Total capital | 140,762,000 | 143,355,000 | 148,139,000 | 149,176,000 |
| Risk-weighted assets | 810,430,000 | 815,174,000 | 822,548,000 | 881,143,000 |