Call reports 2001
ANDOVER BANK, THE — 2001
What ANDOVER BANK, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 205,869,000 | 211,768,000 | 214,543,000 | 216,328,000 |
| Total loans | 122,013,000 | 119,956,000 | 118,015,000 | 112,706,000 |
| Allowance for loan losses | 1,627,000 | 1,644,000 | 1,620,000 | 1,584,000 |
| Securities available for sale | 36,299,000 | 48,332,000 | 44,289,000 | 57,434,000 |
| Securities held to maturity | 27,008,000 | 29,145,000 | 30,585,000 | 32,781,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,014,000 | 184,691,000 | 185,362,000 | 185,170,000 |
| Interest-bearing deposits | 150,818,000 | 155,309,000 | 132,798,000 | 153,703,000 |
| Noninterest-bearing deposits | 28,196,000 | 29,382,000 | 52,564,000 | 31,467,000 |
| Equity capital | 20,784,000 | 21,143,000 | 22,460,000 | 21,148,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 3,763,000 | 7,521,000 | 11,223,000 | 14,742,000 |
| Interest expense | 1,657,000 | 3,304,000 | 4,886,000 | 6,363,000 |
| Net interest income | 2,106,000 | 4,217,000 | 6,337,000 | 8,379,000 |
| Noninterest income | 351,000 | 763,000 | 1,163,000 | 1,515,000 |
| Noninterest expense | 1,441,000 | 2,841,000 | 4,276,000 | 5,915,000 |
| Provision for loan losses | 37,000 | 62,000 | 62,000 | 62,000 |
| Pretax income | 979,000 | 2,077,000 | 3,162,000 | 3,917,000 |
| Income tax | 243,000 | 520,000 | 780,000 | 933,000 |
| Net income | 736,000 | 1,557,000 | 2,382,000 | 2,984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,682,000 | 21,017,000 | 21,814,000 | 20,613,000 |
| Total capital | 22,309,000 | 22,398,000 | 23,218,000 | 22,001,000 |
| Risk-weighted assets | 108,966,000 | 110,211,000 | 112,124,000 | 110,814,000 |