Adirondack Bank

Adirondack Bank is headquartered in Utica and is the 73^rd largest bank in the state of New York. It is also the 1,147^th largest bank in the nation. It was established in 1898 and as of December of 2011, it had grown to 153 employees at 17 locations. Adirondack Bank's savings rates are 5X the national average, and it has a 4-star health rating.

Adirondack Bank Routing Number: 221371709

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Data for Q4 2011

Institution Statistics Adirondack Bank FDIC Certificate # 28380 BankRate Report View Year Established 1898 Employees 153 Primary Regulator FED Assets and Liabilities Assets $580.71 million Loans $329.37 million Deposits $477.22 million Equity Capital $44.48 million Loan Loss Allowance $3.06 million Unbacked Noncurrent Loans $5.37 million Real Estate Owned $693,000 Historic Data - December 2010 Assets $527.95 million Equity Capital $39.92 million Loan Loss Allowance $4.38 million Unbacked Noncurrent Loans $6.71 million Real Estate Owned $412,000 Profit Margin - Quarterly Net Interest Margin 3.7% Return on Assets 0.54% Return on Equity 7.23% Interest Income $22.30 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Adirondack Bank had $6.06 million in non-current loans and owned real-estate with $47.54 million in equity and loan loss allowances on hand to cover it. This gives Adirondack Bank a Texas Ratio of 12.74% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Adirondack Bank decreased slightly from 16.07% as of December 31, 2010 to 12.74% as of December 31, 2011, resulting in a positive change of 20.72%.This indicates that the balance sheet and financial strength for Adirondack Bank has improved slightly in recent periods. Deposit Growth In the past year, Adirondack Bank has increased its total deposits by $58.2 million, resulting in 13.89% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Adirondack Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Adirondack Bank has $580.71 million in assets with $47.54 million in equity, resulting in a capitalization level of 8.19%, which is average.

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