Call reports 2010
ANDOVER STATE BANK — 2010
What ANDOVER STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 68,160,000 | 64,943,000 | 63,094,000 | 65,241,000 |
| Total loans | 46,110,000 | 46,233,000 | 46,619,000 | 47,907,000 |
| Allowance for loan losses | 659,000 | 667,000 | 262,000 | 375,000 |
| Securities available for sale | 13,985,000 | 10,644,000 | 9,810,000 | 9,056,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,388,000 | 59,064,000 | 57,167,000 | 58,047,000 |
| Interest-bearing deposits | 53,967,000 | 51,283,000 | 49,684,000 | 50,672,000 |
| Noninterest-bearing deposits | 8,421,000 | 7,781,000 | 7,483,000 | 7,375,000 |
| Equity capital | 4,767,000 | 4,865,000 | 4,822,000 | 4,740,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 752,000 | 1,502,000 | 2,233,000 | 2,966,000 |
| Interest expense | 133,000 | 236,000 | 336,000 | 428,000 |
| Net interest income | 619,000 | 1,266,000 | 1,897,000 | 2,538,000 |
| Noninterest income | 130,000 | 254,000 | 382,000 | 504,000 |
| Noninterest expense | 667,000 | 1,311,000 | 1,952,000 | 2,679,000 |
| Provision for loan losses | 12,000 | 24,000 | 136,000 | 248,000 |
| Pretax income | 70,000 | 210,000 | 230,000 | 154,000 |
| Income tax | 18,000 | 66,000 | 67,000 | 27,000 |
| Net income | 52,000 | 144,000 | 163,000 | 127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,683,000 | 4,774,000 | 4,711,000 | 4,675,000 |
| Total capital | 5,273,000 | 5,343,000 | 4,973,000 | 5,050,000 |
| Risk-weighted assets | 46,407,000 | 45,433,000 | 44,875,000 | 46,445,000 |