Call reports 2024
ADIRONDACK BANK — 2024
What ADIRONDACK BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 983,870,000 | 956,107,000 | 985,987,000 | 932,034,000 |
| Total loans | 623,044,000 | 620,787,000 | 625,203,000 | 622,938,000 |
| Allowance for loan losses | 4,319,000 | 4,340,000 | 4,466,000 | 4,488,000 |
| Securities available for sale | 268,826,000 | 242,114,000 | 259,977,000 | 227,815,000 |
| Securities held to maturity | 4,344,000 | 4,086,000 | 4,463,000 | 5,232,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 895,357,000 | 866,378,000 | 889,109,000 | 837,998,000 |
| Interest-bearing deposits | 580,753,000 | 543,016,000 | 564,247,000 | 531,426,000 |
| Noninterest-bearing deposits | 314,604,000 | 323,362,000 | 324,862,000 | 306,572,000 |
| Equity capital | 61,822,000 | 63,308,000 | 69,400,000 | 64,522,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 9,987,000 | 20,137,000 | 30,308,000 | 40,624,000 |
| Interest expense | 2,114,000 | 4,294,000 | 6,543,000 | 8,682,000 |
| Net interest income | 7,873,000 | 15,843,000 | 23,765,000 | 31,942,000 |
| Noninterest income | 1,250,000 | 2,642,000 | 3,969,000 | 5,459,000 |
| Noninterest expense | 8,412,000 | 16,942,000 | 25,442,000 | 33,659,000 |
| Provision for loan losses | 0 | 50,000 | 134,000 | 256,000 |
| Pretax income | 711,000 | 1,493,000 | 2,158,000 | 3,486,000 |
| Income tax | 125,000 | 262,000 | 378,000 | 363,000 |
| Net income | 586,000 | 1,231,000 | 1,780,000 | 3,123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,930,000 | 80,926,000 | 81,289,000 | 81,240,000 |
| Total capital | 85,351,000 | 85,343,000 | 85,832,000 | 85,805,000 |
| Risk-weighted assets | 489,679,000 | 489,041,000 | 493,341,000 | 491,626,000 |