Call reports 2004
ANDOVER STATE BANK — 2004
What ANDOVER STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 50,578,000 | 51,100,000 | 49,965,000 | 50,754,000 |
| Total loans | 29,599,000 | 33,595,000 | 32,880,000 | 33,674,000 |
| Allowance for loan losses | 293,000 | 299,000 | 309,000 | 313,000 |
| Securities available for sale | 8,135,000 | 10,476,000 | 9,279,000 | 8,460,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,794,000 | 46,452,000 | 45,026,000 | 45,954,000 |
| Interest-bearing deposits | 39,481,000 | 38,945,000 | 37,578,000 | 39,535,000 |
| Noninterest-bearing deposits | 6,313,000 | 7,507,000 | 7,448,000 | 6,419,000 |
| Equity capital | 4,584,000 | 4,542,000 | 4,716,000 | 4,707,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 563,000 | 1,140,000 | 1,712,000 | 2,290,000 |
| Interest expense | 106,000 | 210,000 | 322,000 | 476,000 |
| Net interest income | 457,000 | 930,000 | 1,390,000 | 1,814,000 |
| Noninterest income | 160,000 | 337,000 | 483,000 | 645,000 |
| Noninterest expense | 543,000 | 1,122,000 | 1,688,000 | 2,233,000 |
| Provision for loan losses | 8,000 | 15,000 | 25,000 | 27,000 |
| Pretax income | 66,000 | 130,000 | 160,000 | 199,000 |
| Income tax | 23,000 | 46,000 | 54,000 | 62,000 |
| Net income | 43,000 | 84,000 | 106,000 | 137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,513,000 | 4,554,000 | 4,685,000 | 4,716,000 |
| Total capital | 4,806,000 | 4,853,000 | 4,994,000 | 5,029,000 |
| Risk-weighted assets | 28,318,000 | 32,323,000 | 31,818,000 | 33,005,000 |