Call reports 2013
ANDOVER STATE BANK — 2013
What ANDOVER STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 68,835,000 | 70,036,000 | 67,954,000 | 68,656,000 |
| Total loans | 60,804,000 | 62,508,000 | 58,103,000 | 57,239,000 |
| Allowance for loan losses | 636,000 | 648,000 | 660,000 | 672,000 |
| Securities available for sale | 890,000 | 771,000 | 1,705,000 | 1,671,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,335,000 | 57,676,000 | 59,246,000 | 59,893,000 |
| Interest-bearing deposits | 49,937,000 | 49,070,000 | 50,755,000 | 50,851,000 |
| Noninterest-bearing deposits | 9,398,000 | 8,606,000 | 8,491,000 | 9,042,000 |
| Equity capital | 5,893,000 | 6,041,000 | 6,074,000 | 6,146,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 791,000 | 1,596,000 | 2,363,000 | 3,111,000 |
| Interest expense | 60,000 | 124,000 | 189,000 | 252,000 |
| Net interest income | 731,000 | 1,472,000 | 2,174,000 | 2,859,000 |
| Noninterest income | 108,000 | 212,000 | 309,000 | 435,000 |
| Noninterest expense | 684,000 | 1,282,000 | 1,958,000 | 2,603,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 143,000 | 378,000 | 489,000 | 643,000 |
| Income tax | 47,000 | 127,000 | 162,000 | 212,000 |
| Net income | 96,000 | 251,000 | 327,000 | 431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,869,000 | 6,025,000 | 6,057,000 | 6,127,000 |
| Total capital | 6,505,000 | 6,673,000 | 6,704,000 | 6,789,000 |
| Risk-weighted assets | 56,097,000 | 57,785,000 | 53,086,000 | 52,939,000 |