Call reports 2020
ADIRONDACK BANK — 2020
What ADIRONDACK BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 875,472,000 | 950,191,000 | 1,012,361,000 | 955,437,000 |
| Total loans | 524,209,000 | 586,441,000 | 571,102,000 | 552,986,000 |
| Allowance for loan losses | 3,403,000 | 5,878,000 | 5,906,000 | 5,923,000 |
| Securities available for sale | 258,791,000 | 246,751,000 | 270,907,000 | 245,756,000 |
| Securities held to maturity | 12,080,000 | 12,030,000 | 12,718,000 | 13,144,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 711,917,000 | 785,122,000 | 822,948,000 | 774,113,000 |
| Interest-bearing deposits | 503,096,000 | 500,365,000 | 527,098,000 | 494,719,000 |
| Noninterest-bearing deposits | 208,821,000 | 284,757,000 | 295,850,000 | 279,394,000 |
| Equity capital | 70,241,000 | 71,035,000 | 71,880,000 | 73,031,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 7,534,000 | 15,317,000 | 22,702,000 | 30,001,000 |
| Interest expense | 1,014,000 | 1,942,000 | 2,804,000 | 3,594,000 |
| Net interest income | 6,520,000 | 13,375,000 | 19,898,000 | 26,407,000 |
| Noninterest income | 1,148,000 | 2,220,000 | 3,878,000 | 5,530,000 |
| Noninterest expense | 6,724,000 | 11,879,000 | 18,594,000 | 25,338,000 |
| Provision for loan losses | 540,000 | 3,040,000 | 3,040,000 | 3,040,000 |
| Pretax income | 404,000 | 922,000 | 2,438,000 | 3,855,000 |
| Income tax | 59,000 | 137,000 | 364,000 | 578,000 |
| Net income | 345,000 | 785,000 | 2,074,000 | 3,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,451,000 | 67,799,000 | 69,009,000 | 70,138,000 |
| Total capital | 70,854,000 | 73,250,000 | 74,383,000 | 75,330,000 |
| Risk-weighted assets | 433,171,000 | 435,623,000 | 429,391,000 | 414,641,000 |