Call reports 2012
ANDOVER STATE BANK — 2012
What ANDOVER STATE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 73,300,000 | 66,344,000 | 69,819,000 | 69,773,000 |
| Total loans | 56,615,000 | 57,223,000 | 60,479,000 | 60,481,000 |
| Allowance for loan losses | 566,000 | 578,000 | 602,000 | 623,000 |
| Securities available for sale | 2,816,000 | 1,699,000 | 1,092,000 | 979,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,143,000 | 58,225,000 | 61,541,000 | 61,478,000 |
| Interest-bearing deposits | 51,440,000 | 48,405,000 | 51,570,000 | 51,296,000 |
| Noninterest-bearing deposits | 13,703,000 | 9,820,000 | 9,971,000 | 10,182,000 |
| Equity capital | 5,529,000 | 5,607,000 | 5,705,000 | 5,777,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 783,000 | 1,548,000 | 2,363,000 | 3,188,000 |
| Interest expense | 88,000 | 175,000 | 249,000 | 319,000 |
| Net interest income | 695,000 | 1,373,000 | 2,114,000 | 2,869,000 |
| Noninterest income | 152,000 | 259,000 | 411,000 | 534,000 |
| Noninterest expense | 675,000 | 1,303,000 | 1,999,000 | 2,721,000 |
| Provision for loan losses | 28,000 | 38,000 | 64,000 | 75,000 |
| Pretax income | 144,000 | 291,000 | 462,000 | 607,000 |
| Income tax | 49,000 | 99,000 | 158,000 | 195,000 |
| Net income | 95,000 | 192,000 | 304,000 | 412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,500,000 | 5,580,000 | 5,676,000 | 5,750,000 |
| Total capital | 6,066,000 | 6,158,000 | 6,278,000 | 6,373,000 |
| Risk-weighted assets | 54,242,000 | 53,159,000 | 56,486,000 | 56,604,000 |