Call reports 2008
ADIRONDACK BANK — 2008
What ADIRONDACK BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 471,594,000 | 471,861,000 | 479,792,000 | 479,567,000 |
| Total loans | 306,502,000 | 312,737,000 | 314,273,000 | 317,152,000 |
| Allowance for loan losses | 2,363,000 | 2,550,000 | 2,757,000 | 2,860,000 |
| Securities available for sale | 116,438,000 | 115,828,000 | 120,503,000 | 121,049,000 |
| Securities held to maturity | 8,648,000 | 7,171,000 | 4,098,000 | 9,984,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 407,080,000 | 401,560,000 | 400,672,000 | 400,717,000 |
| Interest-bearing deposits | 330,700,000 | 324,604,000 | 319,608,000 | 327,187,000 |
| Noninterest-bearing deposits | 76,380,000 | 76,956,000 | 81,064,000 | 73,530,000 |
| Equity capital | 32,946,000 | 31,802,000 | 32,889,000 | 34,464,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,537,000 | 13,075,000 | 19,700,000 | 26,188,000 |
| Interest expense | 2,783,000 | 5,076,000 | 7,175,000 | 9,164,000 |
| Net interest income | 3,754,000 | 7,999,000 | 12,525,000 | 17,024,000 |
| Noninterest income | 622,000 | 1,212,000 | 1,861,000 | 2,547,000 |
| Noninterest expense | 3,874,000 | 7,896,000 | 11,905,000 | 15,626,000 |
| Provision for loan losses | 130,000 | 361,000 | 679,000 | 1,800,000 |
| Pretax income | 664,000 | 1,246,000 | 2,094,000 | 2,973,000 |
| Income tax | 35,000 | 105,000 | 299,000 | 509,000 |
| Net income | 629,000 | 1,141,000 | 1,795,000 | 2,464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,734,000 | 30,070,000 | 30,565,000 | 31,077,000 |
| Total capital | 32,112,000 | 32,635,000 | 33,337,000 | 33,952,000 |
| Risk-weighted assets | 260,744,000 | 264,697,000 | 265,333,000 | 265,033,000 |