Call reports 2019
ANDOVER STATE BANK — 2019
What ANDOVER STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 101,828,000 | 106,504,000 | 112,044,000 | 117,565,000 |
| Total loans | 81,760,000 | 83,889,000 | 89,096,000 | 89,111,000 |
| Allowance for loan losses | 891,000 | 916,000 | 980,000 | 980,000 |
| Securities available for sale | 4,929,000 | 4,969,000 | 4,982,000 | 3,989,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,087,000 | 88,730,000 | 93,302,000 | 98,426,000 |
| Interest-bearing deposits | 69,064,000 | 73,058,000 | 76,279,000 | 77,003,000 |
| Noninterest-bearing deposits | 15,023,000 | 15,672,000 | 17,023,000 | 21,423,000 |
| Equity capital | 7,833,000 | 7,911,000 | 8,894,000 | 9,146,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,120,000 | 2,300,000 | 3,628,000 | 4,925,000 |
| Interest expense | 192,000 | 416,000 | 671,000 | 912,000 |
| Net interest income | 928,000 | 1,884,000 | 2,957,000 | 4,013,000 |
| Noninterest income | 153,000 | 270,000 | 387,000 | 590,000 |
| Noninterest expense | 771,000 | 1,621,000 | 2,479,000 | 3,358,000 |
| Provision for loan losses | 7,000 | 32,000 | 96,000 | 96,000 |
| Pretax income | 303,000 | 501,000 | 769,000 | 1,149,000 |
| Income tax | 72,000 | 117,000 | 180,000 | 276,000 |
| Net income | 231,000 | 384,000 | 589,000 | 873,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,893,000 | 7,939,000 | 8,911,000 | 9,157,000 |
| Total capital | 8,784,000 | 8,855,000 | 9,891,000 | 10,137,000 |
| Risk-weighted assets | 78,849,000 | 83,373,000 | 87,416,000 | 89,702,000 |