# ADIRONDACK BANK
UTICA, NY · FDIC certificate 28380 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.01B | |
| Deposits | $928.6M | |
| Loans and leases | $607.8M | |
| Total equity | $60.9M | |
| Loans / deposits | 64.95% (p11 of band) | 87.10% |
| Liquid assets / assets | 34.90% (p83 of band) | |
| Uninsured deposits / deposits | 38.02% (p68 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.25% (p2 of band) | 10.50% |
| Unrealized securities loss / equity | -25.50% (p13 of band) | -7.75% |
| AOCI / equity | -2.68% (p3 of band) | |
| ROA (annualized) | -2.12% (p0 of band) | 1.26% |
| Net interest margin | 3.76% (p53 of band) | 3.70% |
| Efficiency ratio | 151.25% (p100 of band) | |
| Noncurrent loans | 0.72% (p63 of band) | 0.51% |
| Net charge-offs (annualized) | 0.02% (p46 of band) | |
| Reserve coverage of noncurrent | 105.58% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 50.39% (p53 of band) | |
| Auto loans | $2.0M (0.33% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 6.2% | |
| Employees | 189 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | leverage <7%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 1 |  | leverage <7% |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 3 | capital falling, expense ratio p90 |  |
| 2014-06 | 1 |  | capital falling, expense ratio p90 |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 3 | capital falling, expense ratio p90 |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 1 |  | capital falling, expense ratio p90 |
| 2015-12 | 1 |  |  |
| 2016-03 | 2 | capital falling |  |
| 2016-06 | 2 | noncurrent p90 | capital falling |
| 2016-09 | 1 |  | noncurrent p90 |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 3 | expense ratio p90, noncurrent p90 |  |
| 2017-12 | 2 |  | expense ratio p90 |
| 2018-03 | 2 |  |  |
| 2018-06 | 1 |  | noncurrent p90 |
| 2018-09 | 1 |  |  |
| 2018-12 | 3 | capital falling, noncurrent p90 |  |
| 2019-03 | 2 |  | capital falling |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 | expense ratio p90 | noncurrent p90 |
| 2020-03 | 2 |  |  |
| 2020-06 | 1 |  | expense ratio p90 |
| 2020-09 | 4 | capital falling, expense ratio p90, noncurrent p90 |  |
| 2020-12 | 2 |  | capital falling, expense ratio p90 |
| 2021-03 | 3 | expense ratio p90 |  |
| 2021-06 | 6 | leverage <7%, capital falling, charge-offs p90 |  |
| 2021-09 | 4 |  | capital falling, charge-offs p90 |
| 2021-12 | 2 |  | noncurrent p90, leverage <7% |
| 2022-03 | 3 | noncurrent p90 |  |
| 2022-06 | 6 | AOCI drag >20% of equity, securities losses >30% of equity, assets shrinking |  |
| 2022-09 | 5 |  | assets shrinking |
| 2022-12 | 5 |  |  |
| 2023-03 | 4 | assets shrinking, uninsured deposits leaving | expense ratio p90, noncurrent p90, AOCI drag >20% of equity |
| 2023-06 | 3 |  | assets shrinking |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | uninsured deposits leaving |
| 2024-03 | 3 | expense ratio p90 |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 2 |  | securities losses >30% of equity |
| 2024-12 | 3 | securities losses >30% of equity |  |
| 2025-03 | 3 | capital falling | securities losses >30% of equity |
| 2025-06 | 2 |  | capital falling |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 | capital falling | reserve under noncurrent |
| 2026-03 | 2 |  |  |
| 2026-06 | 3 | losing money |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-27 [NY banks Arrow, Adirondack to merge in $89.1M deal - Banking Dive](https://news.google.com/rss/articles/CBMihgFBVV95cUxOVGpDcWFyNms2U1laRVJvamtJZFF3WW14ZnZsRFF6QjRGd3hXUlUzTVhEV08zRnVZTkF4V292TnpIeFR1TFBRajRGWlM4eWtKeFR5TFpleFZ6cVU1dmhiak41dlVYOWlsN0hKaHRLWXlaVU1SVHJUS2dtOC1QMVNDenlWOG54UQ?oc=5) · Banking Dive
- 2026-07-02 [It's Official: Adirondack Bank is Now Arrow Bank - wktv.com](https://news.google.com/rss/articles/CBMi0gFBVV95cUxPMTVUUVFYaDluS3VzamFTME55b3UxalZoNTBtNldyelZxU0NmdUlvaUdmVUZvN1BqZFhKSXJHY1dIVDFiRlFyVk9vWW4tUnlabGhzbFZrVC01cGxCZi1SOWVaRW5pcjV6VTVQb1lsallmZHBLRUktd0ota0UzLTN1aVozaHhBWjkwRFRqbV9iaHZSTzN1X1Zkb0pHdGJZcjVJTktzNzgzdnh2a0pTZ0N1ZmdSZGVWZG5mU2pMVnBxem1kd0hMMGtpcXRoREExRXFmRmc?oc=5) · wktv.com
- 2026-07-01 [Arrow Financial Corporation Completes Strategic Acquisition of Adirondack Bancorp, Inc. - PR Newswire](https://news.google.com/rss/articles/CBMi2AFBVV95cUxObkpuSzJjVUZuTElWN1BoN0NiMi1ZbmtocE55OWFwd1k2YnlxSE91X0dTUmplVU5VZzkzdjdqc21MYUlTVW1KT3dZZGJyTkNERWk3VmxVdDN0QkxZMUI5ak1zNWM4dDROYzdQQnVnRXFILXZ1SlQwZ0xIZm51ZUNZT2R6cGxnUnVaeFdvWkFwNGp2VG13d1NDOHg4bTVLalh5QjBTZFZaNjY4RWFjV0pKV2EzMHFlcXdnRkNCSE91Qmc3TzVtWVJFWmp5Q1FwQUFkb0x4TnFOM3I?oc=5) · PR Newswire
- 2026-06-02 [Merger of Adirondack Bank into Arrow Bank of Glens Falls gets OCC approval - Yahoo Finance](https://news.google.com/rss/articles/CBMinwFBVV95cUxQQk9XdTB0bFMtb0lWR0lRV3FFZDZTMU5YSXQ4X0g2Q19KYTVUbXdueFNOakZIbURZOXlHSkZZQTN5bnBFVXduZkpxcGdTV1NfMTlYQ1RNblBNOUhnZWIzbVp2MnZYb2FHR1JPSFpHcml4QUJSZFBSRS1ha0lmSnRPRnJHUHA5WldSMi1Qa2N0Y1lILXUyOVNhOFc3SzlZeHc?oc=5) · Yahoo Finance
- 2026-07-01 [Adirondack Bank begins new chapter as Arrow Bank - Rome Sentinel](https://news.google.com/rss/articles/CBMizAFBVV95cUxQMEtabzlJS2JkMG9NMENrdER1cG0xRS1POFF1QjNKcjIzb3BwTUQ2ci1nT1Q4bEYxYUlGNFhaWnc0ZDk4UGszd2ZOVGNORmdnX2V3bS0wRmt6RDNPZlFtX1I4c2ZYanVncC1xWnltWjlUQVdnRWM4WXBING4xak1DT1hsbFdxa28wTUVOQjMxWnpNMkJXUklFUHpfTFdKWnM0YmdTdzNGU1hkcW9kNVNDWGUwY1p4UHFWUkVBQTdfM1dOUDQwUmJVNHdEcno?oc=5) · Rome Sentinel
- 2026-02-26 [Is the Adirondack Bank Center’s Name About to Change? - WIBX 950](https://news.google.com/rss/articles/CBMiZkFVX3lxTE5pWkJPTy1UbXY2dEFfd0EtQnh1TUo5T2pSZFFOVmE5WFJtZ080R0pSU194NGp3QzZILVhmQW1VQjhUSzQ0a0lJNUM5SGstM0hoa1Rha2kwQlBJeExnZklLT1NoX0NTdw?oc=5) · WIBX 950
- 2026-03-16 [Arrow Financial Plans Acquisition Of Adirondack Bancorp In $89 Million Deal - Saratoga.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxPWnRXQWVWRTJ6SG16UHAzZGctWndTcmF2VFJQTUpncGItMlg2c2NiUmJwYXlOWFh4WVZNbnRwdXI4N3UtYnBHaUtVT0kzOWJRdUUxaEctRWx0THhUbVRIek5PNkh6dUg2OTQ2SlktNERjdDBqa01OZUtRMFJVR0RsNUQxcVR6bXJKNVNNN083VzIyRzJfcjNLR0l4dXVyZzlMdGs1OW5ySU9pVEdUT21WXzZaZERTeTJYSEh3T3RSS3h0QmtsOFVhWV9EbVE?oc=5) · Saratoga.com
- 2026-07-01 [Arrow Financial Completes Adirondack Bancorp Acquisition, Expanding New York Banking Franchise - citybiz](https://news.google.com/rss/articles/CBMizAFBVV95cUxPNElETFZTN0RDZlJVbTAyWE9EOEswYTV5bi0yTWJKOE5ENEVPM1d4cjFHWUdxX20zaklOdUtsU1V6dlZIY2tMZWFXMTBPR1Y3dEFGaHpWWGJsX0xISjJtU3JLVkJCZHY4Snhjc2txalJ3OU40NUFHQlAzdTc3RlgtS25WdGw1T3BBMlJRdndtTm5kMnBqZ3FIT01pVHhOcm5IVmQzM2VZeUs3X1RINVZaWnZfWGRFaldROHhoVHF4VHdxRjZEMHFQRVRnR0Q?oc=5) · citybiz

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28380 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/28.json (key "28380", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide