Call reports 2006
ANDOVER STATE BANK — 2006
What ANDOVER STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 53,187,000 | 55,895,000 | 55,908,000 | 56,287,000 |
| Total loans | 34,117,000 | 34,822,000 | 35,844,000 | 34,016,000 |
| Allowance for loan losses | 284,000 | 292,000 | 299,000 | 289,000 |
| Securities available for sale | 5,520,000 | 7,006,000 | 10,546,000 | 11,550,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,502,000 | 50,109,000 | 50,148,000 | 50,550,000 |
| Interest-bearing deposits | 39,492,000 | 42,619,000 | 42,070,000 | 43,198,000 |
| Noninterest-bearing deposits | 8,010,000 | 7,490,000 | 8,078,000 | 7,352,000 |
| Equity capital | 4,749,000 | 4,819,000 | 4,768,000 | 4,734,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 629,000 | 1,303,000 | 2,073,000 | 2,847,000 |
| Interest expense | 206,000 | 462,000 | 781,000 | 1,107,000 |
| Net interest income | 423,000 | 841,000 | 1,292,000 | 1,740,000 |
| Noninterest income | 137,000 | 434,000 | 560,000 | 708,000 |
| Noninterest expense | 638,000 | 1,259,000 | 1,925,000 | 2,575,000 |
| Provision for loan losses | 5,000 | 11,000 | 17,000 | 21,000 |
| Pretax income | -83,000 | 5,000 | -90,000 | -148,000 |
| Income tax | -17,000 | -6,000 | -25,000 | -39,000 |
| Net income | -66,000 | 11,000 | -65,000 | -109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,791,000 | 4,868,000 | 4,792,000 | 4,748,000 |
| Total capital | 5,075,000 | 5,160,000 | 5,091,000 | 5,037,000 |
| Risk-weighted assets | 34,619,000 | 36,327,000 | 36,733,000 | 37,440,000 |