Call reports 2023
ADIRONDACK BANK — 2023
What ADIRONDACK BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 983,080,000 | 968,837,000 | 974,015,000 | 963,618,000 |
| Total loans | 591,753,000 | 611,354,000 | 621,999,000 | 627,776,000 |
| Allowance for loan losses | 4,412,000 | 4,421,000 | 4,375,000 | 4,349,000 |
| Securities available for sale | 288,722,000 | 275,600,000 | 261,088,000 | 259,774,000 |
| Securities held to maturity | 7,404,000 | 6,911,000 | 4,874,000 | 3,900,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 894,734,000 | 870,676,000 | 878,346,000 | 836,689,000 |
| Interest-bearing deposits | 558,112,000 | 545,778,000 | 531,738,000 | 524,779,000 |
| Noninterest-bearing deposits | 336,622,000 | 324,898,000 | 346,608,000 | 311,910,000 |
| Equity capital | 62,485,000 | 60,098,000 | 57,528,000 | 63,748,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 9,122,000 | 18,716,000 | 28,440,000 | 38,296,000 |
| Interest expense | 360,000 | 1,072,000 | 2,473,000 | 4,058,000 |
| Net interest income | 8,762,000 | 17,644,000 | 25,967,000 | 34,238,000 |
| Noninterest income | 1,265,000 | 2,438,000 | 3,684,000 | 4,988,000 |
| Noninterest expense | 8,430,000 | 16,736,000 | 25,065,000 | 33,513,000 |
| Provision for loan losses | -68,000 | 7,000 | 7,000 | 7,000 |
| Pretax income | 1,665,000 | 3,339,000 | 4,579,000 | 5,706,000 |
| Income tax | 283,000 | 568,000 | 778,000 | 999,000 |
| Net income | 1,382,000 | 2,771,000 | 3,801,000 | 4,707,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,786,000 | 79,004,000 | 79,854,000 | 80,529,000 |
| Total capital | 82,300,000 | 83,527,000 | 84,331,000 | 84,980,000 |
| Risk-weighted assets | 486,316,000 | 495,895,000 | 496,834,000 | 494,301,000 |