Call reports 2007
ADIRONDACK BANK — 2007
What ADIRONDACK BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 449,994,000 | 442,411,000 | 452,563,000 | 451,697,000 |
| Total loans | 284,955,000 | 289,478,000 | 293,578,000 | 301,086,000 |
| Allowance for loan losses | 2,929,000 | 3,028,000 | 3,074,000 | 3,754,000 |
| Securities available for sale | 109,087,000 | 109,647,000 | 109,105,000 | 107,428,000 |
| Securities held to maturity | 8,484,000 | 6,945,000 | 9,282,000 | 8,419,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 395,260,000 | 399,718,000 | 389,121,000 | 389,145,000 |
| Interest-bearing deposits | 326,207,000 | 318,875,000 | 312,424,000 | 314,990,000 |
| Noninterest-bearing deposits | 69,053,000 | 80,843,000 | 76,697,000 | 74,155,000 |
| Equity capital | 31,237,000 | 30,510,000 | 31,563,000 | 32,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,288,000 | 12,677,000 | 19,117,000 | 25,695,000 |
| Interest expense | 2,858,000 | 5,779,000 | 8,703,000 | 11,683,000 |
| Net interest income | 3,430,000 | 6,898,000 | 10,414,000 | 14,012,000 |
| Noninterest income | 705,000 | 1,293,000 | 1,935,000 | 2,566,000 |
| Noninterest expense | 3,527,000 | 7,020,000 | 10,596,000 | 14,406,000 |
| Provision for loan losses | 150,000 | 283,000 | 404,000 | 1,067,000 |
| Pretax income | 463,000 | 893,000 | 1,354,000 | 1,139,000 |
| Income tax | 38,000 | 50,000 | 50,000 | -283,000 |
| Net income | 425,000 | 843,000 | 1,304,000 | 1,422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,296,000 | 29,455,000 | 29,661,000 | 29,511,000 |
| Total capital | 32,336,000 | 32,538,000 | 32,788,000 | 32,702,000 |
| Risk-weighted assets | 244,639,000 | 247,439,000 | 250,161,000 | 254,670,000 |