x
|
ANNUAL
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934.
|
o
|
TRANSITION
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934.
|
A.
|
Full
title of the plan and the address of the plan, if different from
that of
the issuer named below:
|
B.
|
Name
of issuer of the securities held pursuant to the plan and the address
of
its principal executive office:
|
Plan
Assets and Liabilities:
|
|||||||
As
of
|
As
of
|
||||||
January
1, 2004
|
December
31, 2004
|
||||||
Total
plan assets
|
663,759
|
876,300
|
|||||
Total
plan liabilities
|
-
|
-
|
|||||
Net
Plan assets
|
663,759
|
876,300
|
Income,
Expenses, and Transfers for the Plan Year:
|
||||
For
the Plan Year Ended December 31, 2004
|
||||
Contributions
received or receivable
|
||||
Employers
|
82,009
|
|||
Participants
|
164,274
|
|||
Others
(including rollovers)
|
17,567
|
|||
Noncash
contributions
|
-
|
|||
Other
income
|
39,256
|
|||
Total
Income
|
303,106
|
|||
Benefits
paid
|
81,939
|
|||
Corrective
distributions
|
3,792
|
|||
Certain
deemed distributions of participant loans
|
-
|
|||
Other
expenses
|
4,834
|
|||
Total
Expenses
|
90,565
|
|||
Net
Income
|
212,541
|
1.
|
financial
information; and
|
2.
|
information
regarding any common or collective trusts, pooled separate accounts,
master trusts or 103-12 investment entities in which the plan
participates.
|
THE
ALBANY BANK & TRUST
|
||
SECTION
401(K) PROFIT SHARING PLAN
|
||
By:
|
/s/
David J. Baranko
|
|
David
J. Baranko
|
||
Chief
Financial Officer
|