Call reports 2014
ANDOVER STATE BANK — 2014
What ANDOVER STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 71,372,000 | 71,220,000 | 72,229,000 | 74,088,000 |
| Total loans | 56,866,000 | 59,376,000 | 60,824,000 | 64,798,000 |
| Allowance for loan losses | 684,000 | 697,000 | 694,000 | 651,000 |
| Securities available for sale | 1,634,000 | 1,604,000 | 1,556,000 | 1,523,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,639,000 | 62,436,000 | 62,827,000 | 63,220,000 |
| Interest-bearing deposits | 52,975,000 | 52,567,000 | 53,434,000 | 53,086,000 |
| Noninterest-bearing deposits | 9,664,000 | 9,869,000 | 9,393,000 | 10,134,000 |
| Equity capital | 6,191,000 | 6,262,000 | 6,317,000 | 6,383,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 703,000 | 1,413,000 | 2,170,000 | 2,946,000 |
| Interest expense | 62,000 | 124,000 | 185,000 | 249,000 |
| Net interest income | 641,000 | 1,289,000 | 1,985,000 | 2,697,000 |
| Noninterest income | 113,000 | 227,000 | 334,000 | 460,000 |
| Noninterest expense | 678,000 | 1,305,000 | 1,996,000 | 2,657,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 48,000 |
| Pretax income | 64,000 | 187,000 | 287,000 | 452,000 |
| Income tax | 17,000 | 55,000 | 85,000 | 139,000 |
| Net income | 47,000 | 132,000 | 202,000 | 313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,174,000 | 6,242,000 | 6,300,000 | 6,367,000 |
| Total capital | 6,844,000 | 6,938,000 | 6,994,000 | 7,018,000 |
| Risk-weighted assets | 53,576,000 | 55,698,000 | 57,340,000 | 60,532,000 |