Call reports 2023
ADIRONDACK TRUST COMPANY, THE — 2023
What ADIRONDACK TRUST COMPANY, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,574,123,000 | 1,574,993,000 | 1,611,868,000 | 1,612,110,000 |
| Total loans | 918,689,000 | 923,621,000 | 937,356,000 | 947,025,000 |
| Allowance for loan losses | 20,695,000 | 20,005,000 | 20,004,000 | 20,004,000 |
| Securities available for sale | 476,055,000 | 468,796,000 | 465,235,000 | 473,348,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,413,464,000 | 1,414,340,000 | 1,392,690,000 | 1,383,012,000 |
| Interest-bearing deposits | 982,130,000 | 1,007,020,000 | 981,585,000 | 970,454,000 |
| Noninterest-bearing deposits | 431,334,000 | 407,320,000 | 411,105,000 | 412,558,000 |
| Equity capital | 135,100,000 | 132,048,000 | 134,286,000 | 147,264,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 12,126,000 | 25,027,000 | 38,275,000 | 52,039,000 |
| Interest expense | 1,946,000 | 4,779,000 | 8,008,000 | 12,046,000 |
| Net interest income | 10,180,000 | 20,248,000 | 30,267,000 | 39,993,000 |
| Noninterest income | 6,964,000 | 13,239,000 | 20,358,000 | 26,656,000 |
| Noninterest expense | 14,044,000 | 25,593,000 | 37,135,000 | 49,372,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,100,000 | 7,894,000 | 13,490,000 | 17,277,000 |
| Income tax | 636,000 | 1,703,000 | 2,970,000 | 3,785,000 |
| Net income | 2,464,000 | 6,191,000 | 10,520,000 | 13,492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 153,775,000 | 155,429,000 | 159,873,000 | 160,809,000 |
| Total capital | 166,642,000 | 168,356,000 | 172,866,000 | 173,770,000 |
| Risk-weighted assets | 1,021,524,000 | 1,027,079,000 | 1,031,811,000 | 1,029,229,000 |