Call reports 2005
ANDOVER STATE BANK — 2005
What ANDOVER STATE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 51,347,000 | 49,090,000 | 50,685,000 | 47,700,000 |
| Total loans | 34,694,000 | 35,077,000 | 36,161,000 | 34,277,000 |
| Allowance for loan losses | 324,000 | 271,000 | 280,000 | 281,000 |
| Securities available for sale | 8,882,000 | 7,454,000 | 6,948,000 | 5,435,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,406,000 | 44,126,000 | 45,031,000 | 41,983,000 |
| Interest-bearing deposits | 40,063,000 | 37,937,000 | 38,332,000 | 35,259,000 |
| Noninterest-bearing deposits | 6,343,000 | 6,189,000 | 6,699,000 | 6,724,000 |
| Equity capital | 4,699,000 | 4,717,000 | 4,749,000 | 4,808,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 594,000 | 1,190,000 | 1,811,000 | 2,425,000 |
| Interest expense | 141,000 | 286,000 | 459,000 | 633,000 |
| Net interest income | 453,000 | 904,000 | 1,352,000 | 1,792,000 |
| Noninterest income | 153,000 | 238,000 | 390,000 | 548,000 |
| Noninterest expense | 541,000 | 1,073,000 | 1,623,000 | 2,114,000 |
| Provision for loan losses | 7,000 | 13,000 | 22,000 | 26,000 |
| Pretax income | 58,000 | 57,000 | 98,000 | 201,000 |
| Income tax | 19,000 | 15,000 | 22,000 | 60,000 |
| Net income | 39,000 | 42,000 | 76,000 | 141,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,755,000 | 4,758,000 | 4,792,000 | 4,857,000 |
| Total capital | 5,079,000 | 5,029,000 | 5,072,000 | 5,138,000 |
| Risk-weighted assets | 32,256,000 | 33,227,000 | 32,830,000 | 33,010,000 |