Call reports 2017
ANDOVER STATE BANK — 2017
What ANDOVER STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 82,810,000 | 81,549,000 | 81,709,000 | 83,849,000 |
| Total loans | 62,830,000 | 64,456,000 | 68,023,000 | 68,942,000 |
| Allowance for loan losses | 766,000 | 661,000 | 749,000 | 749,000 |
| Securities available for sale | 6,944,000 | 6,965,000 | 6,960,000 | 5,908,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,080,000 | 70,831,000 | 70,904,000 | 71,921,000 |
| Interest-bearing deposits | 59,866,000 | 58,980,000 | 58,313,000 | 58,359,000 |
| Noninterest-bearing deposits | 12,214,000 | 11,851,000 | 12,591,000 | 13,562,000 |
| Equity capital | 6,916,000 | 6,967,000 | 6,998,000 | 7,029,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 788,000 | 1,608,000 | 2,454,000 | 3,326,000 |
| Interest expense | 63,000 | 126,000 | 193,000 | 258,000 |
| Net interest income | 725,000 | 1,482,000 | 2,261,000 | 3,068,000 |
| Noninterest income | 80,000 | 163,000 | 254,000 | 343,000 |
| Noninterest expense | 693,000 | 1,417,000 | 2,104,000 | 2,869,000 |
| Provision for loan losses | 0 | 7,000 | 95,000 | 95,000 |
| Pretax income | 112,000 | 221,000 | 316,000 | 447,000 |
| Income tax | 38,000 | 76,000 | 115,000 | 152,000 |
| Net income | 74,000 | 145,000 | 201,000 | 295,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,976,000 | 6,967,000 | 6,998,000 | 7,086,000 |
| Total capital | 7,728,000 | 7,628,000 | 7,747,000 | 7,835,000 |
| Risk-weighted assets | 60,136,000 | 60,953,000 | 63,173,000 | 64,066,000 |