Call reports 2022
ANDOVER STATE BANK — 2022
What ANDOVER STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 154,016,000 | 158,543,000 | 164,090,000 | 172,548,000 |
| Total loans | 125,491,000 | 139,370,000 | 145,119,000 | 155,102,000 |
| Allowance for loan losses | 1,927,000 | 1,855,000 | 1,880,000 | 1,995,000 |
| Securities available for sale | 11,333,000 | 10,784,000 | 10,271,000 | 10,330,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,360,000 | 129,059,000 | 139,777,000 | 152,188,000 |
| Interest-bearing deposits | 99,815,000 | 98,493,000 | 109,970,000 | 122,673,000 |
| Noninterest-bearing deposits | 30,545,000 | 30,566,000 | 29,807,000 | 29,515,000 |
| Equity capital | 13,845,000 | 13,835,000 | 13,849,000 | 13,971,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,468,000 | 3,133,000 | 4,937,000 | 6,937,000 |
| Interest expense | 109,000 | 227,000 | 418,000 | 787,000 |
| Net interest income | 1,359,000 | 2,906,000 | 4,519,000 | 6,150,000 |
| Noninterest income | 163,000 | 397,000 | 659,000 | 835,000 |
| Noninterest expense | 1,176,000 | 2,405,000 | 3,649,000 | 4,952,000 |
| Provision for loan losses | 67,000 | -5,000 | 20,000 | 128,000 |
| Pretax income | 279,000 | 903,000 | 1,509,000 | 1,905,000 |
| Income tax | 66,000 | 217,000 | 299,000 | 394,000 |
| Net income | 213,000 | 686,000 | 1,210,000 | 1,511,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,388,000 | 14,754,000 | 15,121,000 | 15,158,000 |