Call reports 2024
ADIRONDACK TRUST COMPANY, THE — 2024
What ADIRONDACK TRUST COMPANY, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,593,886,000 | 1,572,815,000 | 1,629,995,000 | 1,714,346,000 |
| Total loans | 954,336,000 | 970,009,000 | 982,111,000 | 994,626,000 |
| Allowance for loan losses | 20,009,000 | 19,977,000 | 19,981,000 | 19,973,000 |
| Securities available for sale | 456,764,000 | 407,893,000 | 419,239,000 | 412,783,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,414,733,000 | 1,388,285,000 | 1,428,908,000 | 1,520,026,000 |
| Interest-bearing deposits | 1,027,802,000 | 1,009,394,000 | 1,041,329,000 | 1,127,300,000 |
| Noninterest-bearing deposits | 386,931,000 | 378,891,000 | 387,579,000 | 392,726,000 |
| Equity capital | 148,733,000 | 151,719,000 | 164,062,000 | 165,541,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 13,537,000 | 28,188,000 | 42,577,000 | 57,439,000 |
| Interest expense | 4,631,000 | 9,375,000 | 14,331,000 | 19,261,000 |
| Net interest income | 8,906,000 | 18,813,000 | 28,246,000 | 38,178,000 |
| Noninterest income | 7,439,000 | 14,708,000 | 22,440,000 | 29,413,000 |
| Noninterest expense | 13,734,000 | 25,383,000 | 38,042,000 | 51,461,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,611,000 | 7,315,000 | 11,727,000 | 15,225,000 |
| Income tax | 496,000 | 1,507,000 | 2,452,000 | 3,197,000 |
| Net income | 2,115,000 | 5,808,000 | 9,275,000 | 12,028,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 163,035,000 | 159,502,000 | 161,412,000 | 161,409,000 |
| Total capital | 176,146,000 | 172,790,000 | 174,739,000 | 174,763,000 |
| Risk-weighted assets | 1,041,334,000 | 1,055,757,000 | 1,058,761,000 | 1,060,998,000 |