Call reports 2018
ANDOVER STATE BANK — 2018
What ANDOVER STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 86,634,000 | 85,724,000 | 96,302,000 | 93,929,000 |
| Total loans | 70,648,000 | 72,041,000 | 78,782,000 | 81,100,000 |
| Allowance for loan losses | 768,000 | 783,000 | 858,000 | 884,000 |
| Securities available for sale | 5,868,000 | 5,861,000 | 5,860,000 | 4,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,485,000 | 73,543,000 | 79,018,000 | 76,631,000 |
| Interest-bearing deposits | 60,394,000 | 59,355,000 | 62,691,000 | 61,497,000 |
| Noninterest-bearing deposits | 14,091,000 | 14,188,000 | 16,327,000 | 15,134,000 |
| Equity capital | 7,140,000 | 7,206,000 | 7,309,000 | 7,574,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 924,000 | 1,832,000 | 2,832,000 | 3,928,000 |
| Interest expense | 71,000 | 151,000 | 246,000 | 394,000 |
| Net interest income | 853,000 | 1,681,000 | 2,586,000 | 3,534,000 |
| Noninterest income | 86,000 | 180,000 | 267,000 | 361,000 |
| Noninterest expense | 711,000 | 1,496,000 | 2,250,000 | 3,066,000 |
| Provision for loan losses | 19,000 | 34,000 | 109,000 | 135,000 |
| Pretax income | 209,000 | 331,000 | 494,000 | 694,000 |
| Income tax | 48,000 | 76,000 | 114,000 | 157,000 |
| Net income | 161,000 | 255,000 | 380,000 | 537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,247,000 | 7,319,000 | 7,423,000 | 7,662,000 |
| Total capital | 8,015,000 | 8,102,000 | 8,281,000 | 8,546,000 |
| Risk-weighted assets | 67,294,000 | 68,184,000 | 74,369,000 | 76,606,000 |