Call reports 2021
ANDOVER STATE BANK — 2021
What ANDOVER STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 147,551,000 | 147,896,000 | 149,530,000 | 149,694,000 |
| Total loans | 124,867,000 | 124,594,000 | 125,844,000 | 120,906,000 |
| Allowance for loan losses | 1,647,000 | 1,700,000 | 1,806,000 | 1,860,000 |
| Securities available for sale | 3,001,000 | 2,832,000 | 2,620,000 | 6,318,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,958,000 | 123,829,000 | 125,321,000 | 125,662,000 |
| Interest-bearing deposits | 94,050,000 | 90,633,000 | 93,837,000 | 95,830,000 |
| Noninterest-bearing deposits | 32,908,000 | 33,196,000 | 31,484,000 | 29,832,000 |
| Equity capital | 10,303,000 | 13,628,000 | 13,927,000 | 14,135,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,602,000 | 3,139,000 | 4,832,000 | 6,654,000 |
| Interest expense | 122,000 | 238,000 | 354,000 | 464,000 |
| Net interest income | 1,480,000 | 2,901,000 | 4,478,000 | 6,190,000 |
| Noninterest income | 154,000 | 345,000 | 581,000 | 772,000 |
| Noninterest expense | 1,080,000 | 2,256,000 | 3,536,000 | 4,711,000 |
| Provision for loan losses | 56,000 | 110,000 | 229,000 | 347,000 |
| Pretax income | 498,000 | 880,000 | 1,294,000 | 1,904,000 |
| Income tax | 120,000 | 211,000 | 254,000 | 404,000 |
| Net income | 378,000 | 669,000 | 1,040,000 | 1,500,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,310,000 | 13,630,000 | 13,929,000 | 14,175,000 |
| Total capital | 11,612,000 | — | — | — |
| Risk-weighted assets | 103,819,000 | — | — | — |