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Adirondack Ord Shs
Previous close
$1,150.00
Year range
$1,100.00 - $1,369.13
P/E ratio
-
Dividend yield
-
Market news
Financials
Income Statement
Revenue
Net income
(USD) | 2023info | Y/Y change |
---|---|---|
Revenue | 66.65M | -1.74% |
Operating expense | 49.37M | 6.79% |
Net income | 13.49M | -18.36% |
Net profit margin | 20.24 | -16.95% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | 21.91% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 88.37M | -46.81% |
Total assets | 1.61B | -1.70% |
Total liabilities | 1.46B | -3.22% |
Total equity | 147.26M | — |
Shares outstanding | 76.90K | — |
Price to book | 0.60 | — |
Return on assets | 0.83% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(USD) | 2023info | Y/Y change |
---|---|---|
Net income | 13.49M | -18.36% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Adirondack Trust Company is the largest independent community bank in Saratoga County, New York, USA. Adirondack Trust's 167 full-time employees own the company, which offers banking, loans, and investment services, along with insurance through its Amsure subsidiary. As of December 2020, the bank reported almost $1.5 billion in assets and over $1.3 billion in deposits across 13 branches.
Also as of 2020, the bank's CEO is Charles V. Wait, Jr., and the chairman is his father Charles V. Wait. Charles Wait Sr. served as a Federal Reserve Bank of New York director for nine years. The bank has mostly been led by the same family for four generations. Charles Wait Jr. joined the bank in 2009 as vice president of legal and regulatory affairs. In 2020, Charlie began running the “family business” as CEO Wikipedia
Founded
1901
Website