Call reports 2001
ANDOVER STATE BANK — 2001
What ANDOVER STATE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 50,599,000 | 56,857,000 | 54,445,000 | 51,725,000 |
| Total loans | 30,568,000 | 31,758,000 | 31,218,000 | 30,270,000 |
| Allowance for loan losses | 301,000 | 308,000 | 315,000 | 302,000 |
| Securities available for sale | 9,296,000 | 12,035,000 | 14,814,000 | 14,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,898,000 | 53,031,000 | 50,350,000 | 47,589,000 |
| Interest-bearing deposits | 41,527,000 | 47,002,000 | 44,183,000 | 41,237,000 |
| Noninterest-bearing deposits | 5,371,000 | 6,029,000 | 6,167,000 | 6,352,000 |
| Equity capital | 3,449,000 | 3,565,000 | 3,750,000 | 3,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 829,000 | 1,684,000 | 2,578,000 | 3,376,000 |
| Interest expense | 465,000 | 896,000 | 1,314,000 | 1,621,000 |
| Net interest income | 364,000 | 788,000 | 1,264,000 | 1,755,000 |
| Noninterest income | 129,000 | 301,000 | 466,000 | 717,000 |
| Noninterest expense | 519,000 | 1,038,000 | 1,521,000 | 2,091,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | -34,000 | 37,000 | 191,000 | 357,000 |
| Income tax | 0 | 5,000 | 67,000 | 129,000 |
| Net income | -34,000 | 32,000 | 124,000 | 228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,384,000 | 3,478,000 | 3,570,000 | 3,659,000 |
| Total capital | 3,685,000 | 3,786,000 | 3,885,000 | 3,961,000 |
| Risk-weighted assets | 30,774,000 | 32,450,000 | 31,440,000 | 30,211,000 |