Call reports 2011
ANDOVER STATE BANK — 2011
What ANDOVER STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 62,539,000 | 63,590,000 | 63,491,000 | 65,169,000 |
| Total loans | 48,791,000 | 49,075,000 | 51,669,000 | 53,737,000 |
| Allowance for loan losses | 477,000 | 513,000 | 517,000 | 537,000 |
| Securities available for sale | 5,814,000 | 5,663,000 | 4,573,000 | 2,930,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,762,000 | 53,500,000 | 53,568,000 | 57,184,000 |
| Interest-bearing deposits | 47,490,000 | 46,286,000 | 46,853,000 | 48,407,000 |
| Noninterest-bearing deposits | 7,272,000 | 7,214,000 | 6,715,000 | 8,777,000 |
| Equity capital | 5,287,000 | 5,348,000 | 5,436,000 | 5,469,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 721,000 | 1,454,000 | 2,197,000 | 2,956,000 |
| Interest expense | 87,000 | 168,000 | 257,000 | 341,000 |
| Net interest income | 634,000 | 1,286,000 | 1,940,000 | 2,615,000 |
| Noninterest income | 150,000 | 272,000 | 390,000 | 523,000 |
| Noninterest expense | 701,000 | 1,372,000 | 2,017,000 | 2,680,000 |
| Provision for loan losses | 102,000 | 122,000 | 125,000 | 142,000 |
| Pretax income | 33,000 | 116,000 | 240,000 | 368,000 |
| Income tax | 6,000 | 31,000 | 74,000 | 118,000 |
| Net income | 27,000 | 85,000 | 166,000 | 250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,257,000 | 5,315,000 | 5,396,000 | 5,438,000 |
| Total capital | 5,734,000 | 5,828,000 | 5,913,000 | 5,975,000 |
| Risk-weighted assets | 47,080,000 | 47,616,000 | 49,348,000 | 50,586,000 |