Call reports 2002
ANDOVER STATE BANK — 2002
What ANDOVER STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 52,352,000 | 50,822,000 | 51,338,000 | 50,992,000 |
| Total loans | 31,067,000 | 31,278,000 | 32,819,000 | 34,681,000 |
| Allowance for loan losses | 309,000 | 325,000 | 302,000 | 293,000 |
| Securities available for sale | 13,865,000 | 14,487,000 | 13,358,000 | 11,160,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,090,000 | 45,588,000 | 46,459,000 | 44,495,000 |
| Interest-bearing deposits | 42,304,000 | 39,346,000 | 39,158,000 | 37,263,000 |
| Noninterest-bearing deposits | 5,786,000 | 6,242,000 | 7,301,000 | 7,232,000 |
| Equity capital | 3,890,000 | 4,088,000 | 4,319,000 | 4,400,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 754,000 | 1,518,000 | 2,254,000 | 2,975,000 |
| Interest expense | 235,000 | 446,000 | 648,000 | 830,000 |
| Net interest income | 519,000 | 1,072,000 | 1,606,000 | 2,145,000 |
| Noninterest income | 189,000 | 355,000 | 566,000 | 874,000 |
| Noninterest expense | 509,000 | 1,017,000 | 1,559,000 | 2,169,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 28,000 |
| Pretax income | 193,000 | 398,000 | 595,000 | 822,000 |
| Income tax | 71,000 | 147,000 | 219,000 | 303,000 |
| Net income | 122,000 | 251,000 | 376,000 | 519,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,797,000 | 3,927,000 | 4,102,000 | 4,204,000 |
| Total capital | 4,106,000 | 4,252,000 | 4,404,000 | 4,497,000 |
| Risk-weighted assets | 30,704,000 | 30,570,000 | 30,750,000 | 30,719,000 |