Call reports 2021
ADIRONDACK BANK — 2021
What ADIRONDACK BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,068,450,000 | 1,053,655,000 | 1,062,202,000 | 958,373,000 |
| Total loans | 565,940,000 | 547,399,000 | 519,525,000 | 530,121,000 |
| Allowance for loan losses | 5,923,000 | 5,320,000 | 4,514,000 | 4,121,000 |
| Securities available for sale | 268,454,000 | 253,581,000 | 270,242,000 | 261,878,000 |
| Securities held to maturity | 14,580,000 | 14,793,000 | 13,291,000 | 12,520,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 882,895,000 | 881,303,000 | 878,733,000 | 807,086,000 |
| Interest-bearing deposits | 554,227,000 | 540,045,000 | 522,444,000 | 471,607,000 |
| Noninterest-bearing deposits | 328,668,000 | 341,258,000 | 356,289,000 | 335,479,000 |
| Equity capital | 72,478,000 | 73,713,000 | 74,928,000 | 73,517,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,900,000 | 13,533,000 | 20,040,000 | 26,554,000 |
| Interest expense | 500,000 | 999,000 | 1,431,000 | 1,807,000 |
| Net interest income | 6,400,000 | 12,534,000 | 18,609,000 | 24,747,000 |
| Noninterest income | 1,395,000 | 2,757,000 | 4,151,000 | 5,660,000 |
| Noninterest expense | 6,620,000 | 13,284,000 | 20,039,000 | 27,168,000 |
| Provision for loan losses | 0 | 0 | -800,000 | -800,000 |
| Pretax income | 1,175,000 | 2,007,000 | 3,521,000 | 4,039,000 |
| Income tax | 193,000 | 314,000 | 528,000 | 666,000 |
| Net income | 982,000 | 1,693,000 | 2,993,000 | 3,373,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,048,000 | 71,687,000 | 72,922,000 | 73,232,000 |
| Total capital | 76,344,000 | 77,007,000 | 77,436,000 | 77,355,000 |
| Risk-weighted assets | 423,085,000 | 428,862,000 | 416,416,000 | 434,038,000 |