Call reports 2015
ANDOVER STATE BANK — 2015
What ANDOVER STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 76,746,000 | 78,015,000 | 80,915,000 | 80,648,000 |
| Total loans | 65,636,000 | 68,145,000 | 66,882,000 | 66,239,000 |
| Allowance for loan losses | 675,000 | 716,000 | 739,000 | 751,000 |
| Securities available for sale | 1,541,000 | 1,535,000 | 1,529,000 | 4,496,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,411,000 | 67,607,000 | 70,436,000 | 70,267,000 |
| Interest-bearing deposits | 56,150,000 | 57,897,000 | 59,056,000 | 58,138,000 |
| Noninterest-bearing deposits | 10,261,000 | 9,710,000 | 11,380,000 | 12,129,000 |
| Equity capital | 6,468,000 | 6,566,000 | 6,635,000 | 6,679,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 774,000 | 1,579,000 | 2,386,000 | 3,171,000 |
| Interest expense | 62,000 | 127,000 | 192,000 | 258,000 |
| Net interest income | 712,000 | 1,452,000 | 2,194,000 | 2,913,000 |
| Noninterest income | 152,000 | 300,000 | 401,000 | 519,000 |
| Noninterest expense | 713,000 | 1,376,000 | 2,098,000 | 2,775,000 |
| Provision for loan losses | 22,000 | 62,000 | 80,000 | 92,000 |
| Pretax income | 148,000 | 333,000 | 436,000 | 584,000 |
| Income tax | 51,000 | 115,000 | 148,000 | 199,000 |
| Net income | 97,000 | 218,000 | 288,000 | 385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,465,000 | 6,566,000 | 6,635,000 | 6,679,000 |
| Total capital | 7,140,000 | 7,282,000 | 7,374,000 | 7,413,000 |
| Risk-weighted assets | 62,965,000 | 61,912,000 | 59,100,000 | 58,700,000 |