Call reports 2009
ANDOVER STATE BANK — 2009
What ANDOVER STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 69,867,000 | 71,969,000 | 65,905,000 | 66,390,000 |
| Total loans | 40,845,000 | 43,583,000 | 43,761,000 | 45,314,000 |
| Allowance for loan losses | 275,000 | 286,000 | 626,000 | 647,000 |
| Securities available for sale | 8,601,000 | 13,925,000 | 13,519,000 | 14,026,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,740,000 | 65,995,000 | 60,084,000 | 60,556,000 |
| Interest-bearing deposits | 55,138,000 | 56,426,000 | 52,217,000 | 52,671,000 |
| Noninterest-bearing deposits | 8,602,000 | 9,569,000 | 7,867,000 | 7,885,000 |
| Equity capital | 4,967,000 | 4,892,000 | 4,647,000 | 4,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 706,000 | 1,417,000 | 2,146,000 | 2,894,000 |
| Interest expense | 204,000 | 428,000 | 632,000 | 804,000 |
| Net interest income | 502,000 | 989,000 | 1,514,000 | 2,090,000 |
| Noninterest income | 147,000 | 285,000 | 441,000 | 577,000 |
| Noninterest expense | 672,000 | 1,327,000 | 2,035,000 | 2,725,000 |
| Provision for loan losses | 13,000 | 27,000 | 375,000 | 423,000 |
| Pretax income | -36,000 | -80,000 | -455,000 | -481,000 |
| Income tax | -10,000 | -21,000 | -89,000 | -208,000 |
| Net income | -26,000 | -59,000 | -366,000 | -273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,908,000 | 4,875,000 | 4,567,000 | 4,631,000 |
| Total capital | 5,183,000 | 5,161,000 | 5,177,000 | 5,231,000 |
| Risk-weighted assets | 47,881,000 | 50,593,000 | 48,820,000 | 47,350,000 |