Call reports 2003
ADIRONDACK BANK — 2003
What ADIRONDACK BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 257,964,000 | 265,389,000 | 281,160,000 | 276,382,000 |
| Total loans | 157,709,000 | 166,337,000 | 178,760,000 | 177,490,000 |
| Allowance for loan losses | 1,906,000 | 1,934,000 | 2,023,000 | 2,041,000 |
| Securities available for sale | 75,093,000 | 68,236,000 | 73,520,000 | 75,089,000 |
| Securities held to maturity | 7,679,000 | 9,114,000 | 7,557,000 | 4,145,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,787,000 | 229,522,000 | 236,360,000 | 232,370,000 |
| Interest-bearing deposits | 182,710,000 | 175,972,000 | 176,856,000 | 183,901,000 |
| Noninterest-bearing deposits | 43,077,000 | 53,550,000 | 59,504,000 | 48,469,000 |
| Equity capital | 18,179,000 | 19,346,000 | 23,518,000 | 23,884,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,271,000 | 6,621,000 | 9,893,000 | 13,337,000 |
| Interest expense | 1,036,000 | 1,974,000 | 2,812,000 | 3,699,000 |
| Net interest income | 2,235,000 | 4,647,000 | 7,081,000 | 9,638,000 |
| Noninterest income | 462,000 | 998,000 | 1,424,000 | 1,918,000 |
| Noninterest expense | 2,075,000 | 4,468,000 | 6,867,000 | 9,561,000 |
| Provision for loan losses | 75,000 | 240,000 | 375,000 | 510,000 |
| Pretax income | 640,000 | 1,462,000 | 1,904,000 | 2,218,000 |
| Income tax | 169,000 | 317,000 | 430,000 | 382,000 |
| Net income | 471,000 | 1,145,000 | 1,474,000 | 1,836,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,395,000 | 17,934,000 | 22,806,000 | 23,186,000 |
| Total capital | 19,325,000 | 19,878,000 | 24,854,000 | 25,267,000 |
| Risk-weighted assets | 157,581,000 | 164,407,000 | 173,368,000 | 172,643,000 |