Call reports 2007
ANDOVER STATE BANK — 2007
What ANDOVER STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 62,759,000 | 63,332,000 | 61,496,000 | 59,229,000 |
| Total loans | 33,937,000 | 37,039,000 | 37,496,000 | 39,141,000 |
| Allowance for loan losses | 294,000 | 296,000 | 296,000 | 302,000 |
| Securities available for sale | 12,470,000 | 13,413,000 | 13,537,000 | 12,100,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,009,000 | 57,636,000 | 55,635,000 | 51,554,000 |
| Interest-bearing deposits | 48,395,000 | 49,327,000 | 47,465,000 | 44,043,000 |
| Noninterest-bearing deposits | 8,614,000 | 8,309,000 | 8,170,000 | 7,511,000 |
| Equity capital | 4,697,000 | 4,674,000 | 4,737,000 | 4,819,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 820,000 | 1,683,000 | 2,583,000 | 3,455,000 |
| Interest expense | 368,000 | 746,000 | 1,151,000 | 1,504,000 |
| Net interest income | 452,000 | 937,000 | 1,432,000 | 1,951,000 |
| Noninterest income | 143,000 | 320,000 | 481,000 | 649,000 |
| Noninterest expense | 648,000 | 1,289,000 | 1,955,000 | 2,585,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | -59,000 | -44,000 | -60,000 | -9,000 |
| Income tax | -13,000 | -9,000 | -15,000 | -11,000 |
| Net income | -46,000 | -35,000 | -45,000 | 2,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,702,000 | 4,713,000 | 4,703,000 | 4,750,000 |
| Total capital | 4,996,000 | 5,009,000 | 4,999,000 | 5,052,000 |
| Risk-weighted assets | 39,518,000 | 42,001,000 | 43,222,000 | 44,043,000 |