The Adirondack Trust Company
Saratoga Springs, NY — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Adirondack Trust Company | All Insured Commercial Banks in New York |
Interest and Fees on Loans | 19,740 | 35,323 |
Income from Lease Financing Receivables | — | 21 |
64 | 86 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 34 | 39 |
Income on Loans and Leases (TE) | 19,774 | 35,615 |
Investment Interest Income (TE) | 3,291 | 5,820 |
Total Interest Income (TE) | 23,282 | 44,196 |
Total Interest Expense | 1,001 | 5,278 |
Net Interest Income (TE) | 22,281 | 38,608 |
Non-Interest Income | 15,602 | 9,112 |
Adjusted Operating Income (TE) | 37,883 | 54,454 |
Non-interest Expense | 28,798 | 33,757 |
Provision for Loan & Lease Losses | 750 | 1,439 |
Pretax Operating Income (TE) | 8,335 | 17,987 |
Pretax Net Operating Income (TE) | 8,334 | 18,652 |
Applicable Income Taxes | 2,517 | 6,225 |
Net Operating Income | 5,516 | 11,609 |
Net Income | 5,516 | 11,608 |
Cash Dividends Declared | 1,949 | 1,753 |
Retained Earnings | 3,567 | 5,838 |